An adjustment in the price of gasoline by an oil company in response to an excise tax increase is a(n):
A)incremental change.
B)nonreversible change.
C)strategic change.
D)transactional change.

Question

Quizplus · Accepted Answer

An adjustment in the price of gasoline by an oil company in response to an excise tax increase is considered an incremental change because it represents a minor, gradual adjustment in response to external economic factors, rather than a major, strategic overhaul of operations or business model.

An Adjustment in the Price of Gasoline by an Oil