Question : Which of the following statement are true?
Option 1: Both are true.
Option 2: Both are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Correct Answer: Both are true.
Solution : APC is more than 1 before break-even point. C=50+0.6(150) C= 140 S=-50+0.4(150) S= 10 Hence, Option A is correct.
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