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If a Company Is Planning to Reduce the Selling Price

Question 107

Multiple Choice
If a company is planning to reduce the selling price, they must believe that ________.
A) variable costs will decline as well
B) the fixed costs will cover the lower sales price
C) more units will be sold
D) increased collections will increase income

If a company is planning to reduce the selling price, they must believe that ________.


A) variable costs will decline as well
B) the fixed costs will cover the lower sales price
C) more units will be sold
D) increased collections will increase income

Correct Answer:

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