Question: Select the correct statement from the following. a. A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than

Select the correct statement from the following.
a. A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than does a variable cost structure.
b. A variable cost structure offers less risk and higher opportunity for profitability than does a fixed cost structure.
c. A fixed cost structure offers greater risk but higher opportunity for profitability than does a variable cost structure.
d. A variable cost structure offers greater risk but higher opportunity for profitability than does a fixed cost structure.

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