Examlex
Which of the following statements is TRUE if the sales price per unit increases while the variable cost per unit and total fixed costs remain constant?
Permissive
Describes actions or conditions that are allowed or tolerated, especially in contexts where specific authorization or regulation may not exist.
Mandatory
Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.
Illegal
Pertains to activities or actions that are prohibited by law.
Certification Elections
A process supervised by an official body in which employees vote to determine whether they wish to be represented by a particular labor union.
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