feeqtwerChannah feeqtwerChannah
  • 11-01-2017
  • Business
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If a company wants to increase its profitability, they need to ________ sales volume, _________ prices, or __________ costs.

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zinger76
zinger76 zinger76
  • 11-01-2017
If a company wants to increase its profitability, they need to INCREASE sales volume, INCREASE prices, or DECREASE costs.
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peonywong20131
peonywong20131 peonywong20131
  • 11-01-2017
It depends on the elasticity of the products. For example, if the product is something inelastic such as necessity, the company should increase its price as the quantity demanded won't change much. Vice versa.
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