Multiple Choice
Higher contribution margins will generate higher profitability:
A) if the number of items sold does not decrease
B) always
C) never
D) if price elasticity is greater
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: The most popular measure of the impact
Q7: What is price elasticity and why should
Q8: If two products are competing against each
Q9: What is the danger of focusing too
Q10: Pricing strategy for a new product or
Q12: What is sales mix?
Q13: What should the potential food cost (in
Q14: Establishing prices based on _ can result
Q15: The logical weakness of cost plus markup
Q16: Revenue has nothing to do with pricing