Match Each Item with the Correct Statement Below

question 142

Multiple Choice

Match each item with the correct statement below.
-A measure of the sensitivity of profit changes to changes in sales volume.

• A)break-even point
• B)Common fixed expenses
• C)Contribution margin
• D)Direct fixed expenses
• E)Margin of safety
• F)Operating leverage
• G)Degree of operating leverage
• H)Sales mix

Grasp the factors affecting demand elasticity.

Understand the relationship between price changes and demand elasticity.

Grasp how production levels correlate with current and desired margins.

Recognize the characteristics of perfectly elastic and inelastic demand curves.

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