How will an increase in variable costs affects the profitability pf th

1.	How will an increase in variable costs affects the profitability pf the business in the economy
Answer» ong>Answer: Fixed costs are EXPENSES that do not CHANGE based on production levels; variable costs are expenses that INCREASE or decrease according to the number of items produced. Both fixed and variable costs have a large impact on gross profit—an increase in expenses to produce goods means LOWER gross profit. Explanation: this is your answer dear so plz FOLLOW me.......

How will an increase in variable costs affects the profitability pf the business in the economy

Answer»

ong>Answer:

Fixed costs are EXPENSES that do not CHANGE based on production levels; variable costs are expenses that INCREASE or decrease according to the number of items produced. Both fixed and variable costs have a large impact on gross profit—an increase in expenses to produce goods means LOWER gross profit.

Explanation:

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How will an increase in variable costs affects the profitability pf the business in the economy

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