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Economics
 Online Tutoring : Forum : Quiz Questions - Economics & Business Studies : Economics
Topic Topic: Decrease in sales price Post ReplyNew Question
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System
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Joined: 26 June 2005
Posts: 918
Posted: 30 November 2005 at 2:34pm | IP Logged Quote System

QUIZ QUESTION #2069
If a 15% decrease in sales price is the only change from present conditions, what effect would this have on total variable costs?
    A.   Increase
    B.   Decrease
    C.   No effect
    D.   Cannot be determined since volume is not given
 QUIZ QUESTION #2069 created by Tutor12324 on 30 November 2005 at 12:51pm

Correct answer: B    Correct clicks: 34.67%  Wrong clicks: 65.33%
 
    A.   [61 clicks 18.89%] 
 
    B.   [112 clicks 34.67%] 
 
    C.   [68 clicks 21.05%] 
 
    D.   [82 clicks 25.39%] 
 
Please discuss this quiz question.
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