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18. If the real gross domestic product of US has
increased, but the production of goods remained the same,
then the production of services has;
a) Increases
b) Decreases
c) Remained same
d) Would vary
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Answer Posted / priyanka
c) remained same
| Is This Answer Correct ? | 7 Yes | 6 No |
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3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
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