Register
If a company wants to increase its profitability, they need to ________ sales volume, _________ prices, or __________ costs.
200k views
4 votes
If a company wants to increase its profitability, they need to ________ sales volume, _________ prices, or __________ costs.

User Maldus
by
5.3k points

2 Answers

4 votes
It depends on the elasticity of the products. For example, if the product is something inelastic such as necessity, the company should increase its price as the quantity demanded won't change much. Vice versa.
User Jaleel
by
6.0k points
2 votes
If a company wants to increase its profitability, they need to INCREASE sales volume, INCREASE prices, or DECREASE costs.
User Buz
by
6.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.4m questions

8.4m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Why do objects used as money need to be in limited supply
A business plan should generally project financial and operational aspects of the proposed business for the first a. six months. b.one year. c. three to five years. d. seven years.
Paul and Simone both work for the same accounting firm. Paul is married and has two kids and takes three allowances on his W-4 form. Simone is single and does not have any children, so she takes one allowance
Link Copied!