feeqtwerChannah feeqtwerChannah

11-01-2017
Business

contestada

If a company wants to increase its profitability, they need to ____ sales volume, _ prices, or ______ costs.

Respuesta :

zinger76 zinger76

11-01-2017

If a company wants to increase its profitability, they need to INCREASE sales volume, INCREASE prices, or DECREASE costs.

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peonywong20131 peonywong20131

11-01-2017

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.

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