When Most of a Firm's Costs Are Fixed Over a Wide

question 194

Multiple Choice

When most of a firm's costs are fixed over a wide range of outputs,the primary determinant of profitability will be the:

• A)control the firm can exercise over costs.
• B)amount of variable cost that can be recovered with the sale of each unit.
• C)amount of revenue generated by sales.
• D)marginal cost incurred in the production of a single unit.