![Mcqmate logo](https://mcqmate.com/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/images/logos/logo-white.png)
McqMate
Q. |
Which of the following statements are true? |
A. | P/V Ratio can never be used to measure break-even point |
B. | Higher the P/V ratio less will be the profit and vice versa |
C. | Concept of P/V ratio is also used to determine profit at a given volume of sales |
D. | All of the above |
Answer» C. Concept of P/V ratio is also used to determine profit at a given volume of sales |
View all MCQs in
Economics for EngineersNo comments yet