In 2011,health Care's Share of Gross Domestic Product in the United

question 85

Multiple Choice

In 2011,health care's share of gross domestic product in the United States was about

• A) 6.5 percent.
• B) 17.5 percent.
• C) 45 percent.
• D) 62.5 percent.

Apply CVP analysis to decision-making in both manufacturing and service industries.

Understand the assumptions underlying CVP analysis and their implications.

Apply sensitivity analysis to assess changes in assumptions.

Understand the concept and calculation of operating leverage.