Which of the Following Would Take Place If a Company

question 68

Multiple Choice

Which of the following would take place if a company was able to reduce its variable cost per unit, all of things remaining constant? $\begin{array} { | l | l | l | } \hline & \text { Contribution Margin } & \text { Break-even Point } \\\hline 1 & \text { Increase } & \text { Increase } \\\hline 2 & \text { Increase } & \text { Decrease } \\\hline 3 & \text { Decrease } & \text { Increase } \\\hline 4 & \text { Decrease } & \text { Decrease } \\\hline 5 & \text { Increase } & \text { No effect } \\\hline\end{array}$

• A)1
• B)2
• C)3
• D)4
• E)5

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Definitions:

Sample Size

The number of observations or individuals sampled from a population for the purpose of a study or experiment.

Population Size

The total number of individuals or units in the group that is being studied.

Sum of Scores

The total value obtained by adding together all scores or values in a data set.

Median

The median is the central number that splits a dataset into two equal parts.