If Variable Costs Per Unit Decreased Because of a Decrease

question 82

Multiple Choice

If variable costs per unit decreased because of a decrease in utility rates,the break-even
Point would

• A)decrease.
• B)increase.
• C)remain the same.
• D)increase or decrease,depending upon the percentage increase in utility rates.

Analyze the effects of price setting on market equilibrium.

Describe the role of technology and productivity in supply dynamics.

Understand the concept of market equilibrium and its determinants.

Assess the impact of external factors on market prices and quantities.

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