A managerial lever to increase profitability is to increase the salvage value of each unit.

Name: A managerial lever to increase profitability is to increase the salvage value of each unit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Increasing the salvage value of each unit can lead to higher profitability as it means that the company can receive more money at the end of useful life of a product when it is disposed of or sold. This can either result in increased revenue or reduced expenses related to disposal or recycling costs.

A Managerial Lever to Increase Profitability Is to Increase the Salvage