Author Question: What equation shows organizations the relationship between price and profit? A) Total Variable Costs ... (Read 101 times)

jake · **on:** Jun 29, 2018

What equation shows organizations the relationship between price and profit?
A) Total Variable Costs + Total Fixed Costs = Sales Profit
B) Price = Profit per Item Number of Units Sold
C) (Price Quantity Sold) Total Costs = Profits
D) (Price Profits) Total Costs = Sales
E) Total Costs = (Price Quantity Sold) Profits

Question 2

Laggards are the last to adopt a new product and usually distrust new products.

Indicate whether the statement is true or false