Question 21 1 point Which of the four factors quantity pric

Question 21 (1 point)

Which of the four factors – quantity, price, fixed cost, variable cost, drives the greatest change per 1% variance?

Question 21 options:

Quantity

Price per unit

Fixed cost

Variable cost

Quantity

Price per unit

Fixed cost

Variable cost

Solution

Price per unit , variable cost depends on quantity sold ,whereas fixed cost is not controllable. Quantity can be fixed, but price per unit has to be decided depending on the market.

Question 21 (1 point) Which of the four factors – quantity, price, fixed cost, variable cost, drives the greatest change per 1% variance? Question 21 options: Q

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site