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Business, 30.10.2019 07:31 queenbee2994

Portland and hadley operate in the same industry. portland’s sales, variable costs, and fixed costs are $1,000,000, $700,000, and $100,000, respectively. hadley’s sales, variable costs, and fixed costs are $1,000,000, $400,000, and $400,000, respectively. if each company experiences an equal increase or decrease in sales, hadley’s income willa: go up twice as much as hadley’s, but go down only half as much as hadley’s. b: go up or down twice as much as hadley’s. c: go up or down by the same amount as hadley’s because both companies have equal net income. d: go up or down half as much as hadley’s.

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Portland and hadley operate in the same industry. portland’s sales, variable costs, and fixed costs...

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