* not completed

. Which one of the following factors would cause the gross profit % to fall?

Falling productivity of the workforce. correct incorrect

Increasing the selling price of goods more quickly than input prices are rising. correct incorrect

Selling more goods with a higher mark-up than in previous years. correct incorrect

Falling prices of inputs while selling prices remain at the same level. correct incorrect

* not completed

. Which one of the following factors would cause the gross profit % to rise?

Increasing sales correct incorrect

Increasing costs correct incorrect

Increased competition correct incorrect

Increased supplier discounts correct incorrect

* not completed

. Which one of the following factors would not cause the gross profit % to rise?

Reducing production costs. correct incorrect

Reducing bulk discounts offered to customers. correct incorrect

Reduced employment in the economy. correct incorrect

Reduced numbers of goods offered at reduced prices in the annual sales. correct incorrect

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