Quick Change and Fast Change are competing oil change businesses Both companies have 4,000 customers....
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Accounting
Quick Change and Fast Change are competing oil change businesses Both companies have 4,000 customers. The price of an oil change at both companies is $12. Quick Change pays its employees on a salary basis, and its salary expense is $40.000. Fast Change pays its employees $10 per customer served Suppose Quick Change is able to fore 1100 customers from Font Change by lowering its price to $10 per vehicle. Thus, Quick Change will have 5300 customers and Fast Change will have only 2,900 customers. Select the correct statement from the following Moe Choice Fast Change profit will but it will still cam a higher profit than Quick Change Our Change's profit will increase while Fast Change profit will fol Quick Charges suret Will retain the same white Fast Change's proft wil decrease o Prots will decine for both Quick Change and Fast Change
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