Select the correct statement from the following. a. A fixed cost structure offer

Question

Select the correct statement from the following. a. A fixed cost structure offers less risk (i.e., less earnings volatility) and higher opportunity for profitability than does a variable cost structure. b. A variable cost structure offers less risk and higher opportunity for profitability than does a fixed cost structure. c. A fixed cost structure offers greater risk but higher opportunity for profitability than does a variable cost structure. d. A variable cost structure offers greater risk but higher opportunity for profitability than does a fixed cost structure

Explanation / Answer

b. A variable cost structure offers less risk and higher opportunity for profitability than does a fixed cost structure.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.