During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is, | Faculties

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Mr. Dubey

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📊 Applied Cost Accounting

Q. During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,

(A) Very high
(B) Moderate
(C) Low
(D) Very low

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✅ Correct Answer: (D) Very low

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