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A firm is experiencing an increase in variable costs. What can the firm do to maintain its profitability? Lower its price to gain a greater

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A firm is experiencing an increase in variable costs. What can the firm do to maintain its profitability? Lower its price to gain a greater market share. Decrease its fixed costs to breakeven sooner. Raise its price to increase its contribution margin. Increase its fixed costs to balance out its increased variable costs

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