Which of the following will typically lead to making the highest profits?
A)higher prices and higher costs
B)lower prices and lower costs
C)higher prices and lower costs
D)lower prices and higher costs

Question

Quizplus · Accepted Answer

Higher prices and lower costs typically lead to the highest profits because the revenue per unit is maximized while expenses are minimized, resulting in a larger profit margin.

Which of the Following Will Typically Lead to Making the Highest