If the Price Increases, but Fixed and Variable Costs Do

question 9

Multiple Choice

If the price increases, but fixed and variable costs do not change, the break-even point

• A) decreases.
• B) increases.
• C) remains the same.
• D) may increase or decrease, depending on sales.

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Definitions:

Acres of Pasture

A measure of land area, specifically used for grazing livestock or as grassland.

Budget

A financial plan detailing projected revenue and expenditures over a specific period.

Bushels of Grain

A measurement unit for volume typically used in the U.S. to quantify agricultural produce like grain.

Acres of Pasture

Measurements of land area, specifically used for grazing livestock or farming purposes.