When making a pricing decision, it is not necessary to separate costs into fixed and variable.

Name: When making a pricing decision, it is not necessary to separate costs into fixed and variable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When making a pricing decision, it is important to separate costs into fixed and variable in order to understand the impact of changes in sales volume on total costs and profitability. This information can then be used to set an appropriate price that covers costs and generates a desired profit margin.

When Making a Pricing Decision, It Is Not Necessary to Separate