Economics · Marginal Costing
State whether the following statements are true or false: 1. Margin of safety can be improved by decreasing Fixed Cost. 2. Margin of Safety = P/V Ratio / Profit.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2 are true
- 21 is true and 2 is false✓
- 3Both 1 and 2 are false
- 41 is false and 2 is true
Correct answer
1 is true and 2 is false
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