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    Exam 13: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price
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    _____ Is the Difference Between the Price of an Item
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_____ Is the Difference Between the Price of an Item

Question 127

Question 127

Multiple Choice

_____ is the difference between the price of an item and the cost of making the item on a per­product basis, and it is usually expressed as a percent.


A) Gross margin
B) Net income
C) Profit margin
D) Variable income

Correct Answer:

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