Prince Paper has budgeted the following amounts for its next fiscal year: Total fixed expenses $ 900 comma 000 Selling price per unit $ 85 Variable expenses per unit $ 35 If Price Paper spends an additional $ 12 comma 100 on advertising, sales volume should increase by 3 comma 000 units. What effect will this have on operating income?

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.