If a Firm Is Projected to Increases Revenues by 10

question 32

Multiple Choice

If a firm is projected to increases revenues by 10% AND net income by the same amount,which of the following must be true?

• A)There can be no variable costs.
• B)There can be no fixed costs
• C)There can be no taxes.
• D)The change in expenses must be exactly equal to the change in revenues.

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Definitions:

Cortical Nephrons

Nephrons located in the cortex of the kidney, playing a crucial role in the filtration of blood and regulation of water and soluble substances.

Juxtamedullary Nephrons

A type of nephron in kidneys, located close to the medulla, involved in the concentration of urine and water reabsorption.

Loops of Henle

The part of the kidney nephron involved in the counter-current exchange mechanism to concentrate urine and reclaim water and salts.

Podocytes

Specialized cells in the kidneys that wrap around capillaries of the glomerulus, playing a critical role in the filtration of blood to form urine.