• 2022-06-19
    Cost-based pricing adds a desired profit margin to the cost of producing a product.
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    内容

    • 0

      The difference between your sales and your cost of goods sold is known as your _____. A: net profit B: cost of doing business C: owner’s equity D: gross profit or gross margin

    • 1

      The total cost of one product’s export is CNY14,000, and the net income of foreign of export is USD2,500. If the foreign exchange quoted by Bank of China is CNY680 for USD100, then the Export Profit Margin should be:

    • 2

      An organisation manufactures a single product. The total cost of making 4,000 units is $20,000 and the total cost of making 20,000 units is $40,000. Within this range of activity the total fixed costs remain unchanged.What is the variable cost per unit of the product?

    • 3

      Producer surplus is equal to: A: the difference between the highest market price consumers are willing to pay for a product and the minimum amount producers are willing to accept for that product. B: the difference between the market price consumers are willing to pay for a product and the actual price they pay. C: the price a producer receives for a product minus the marginal cost of production. D: the economic profit earned from the sale of a good, minus its marginal cost of production.

    • 4

      To meet the pricing objective of maximizing profit margin, _____ pricing strategies is often employed.