Price, costs, and volume influence a company's

Question

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Price and costs directly affect a company's profit margins. Volume refers to the amount of products or services sold, which also impacts a company's profits. Therefore, all three factors are closely related to a company's profitability. Distribution, advertising spending, brand image, and media planning are also important factors, but they are not as directly tied to a company's profits as price, costs, and volume are.

Price, Costs, and Volume Influence a Company's