When other factors are constant, what is the effect on profits of an increase in fixed costs?

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When other factors are constant, what is the effect on profits of an increase in fixed costs? Of a decrease in variable costs?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 28, 2011 04:29 AM

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When other factors are constant, what is the effect on profits of an increase in fixed costs?

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When other factors are constant an increase in fixed costs decreases profits and increases t...View the full answer

Accounting concepts and applications

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