Question 15 (1 point) As selling price per unit increases so does the BEP True False...

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math Statistics-And-Probability

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Answer 1

Answer #1

Solution :-

Question 15 :-

Here we know the formula for Break Even Point (BEP)

i.e, Break Even Point (BEP) = Fixed costs / (Selling price - variable cost per unit)

Now,if selling price is increased,then i.e. denominator ( margin per unit) will increase,so that the BEP (in terms of units) will decrease.

Therefore , The given statement is False.

Question 16 :-

The slope of the regression line is 0.85.

Hence, Option-iii is correct answer.

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Answer 2

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