Question: The following statements link various changing circumstances ( causes ) with effects on the breakeven point. Which of these statements is inaccurate? When a price
The following statements link various changing circumstances causes with effects on the breakeven point. Which of these statements is inaccurate?
When a price war forces a price cut, the breakeven point increases.
A wice increase results in a breakeven point decrease.
Hiring extra staff to produce a product causes the breakeven point to increase.
When a recession cuts demand for a product, the breakeven point increases.
When automation replaces workers, fowed cost increases while variable cost decreases; the effect on breakeven point varies.
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