Multiple Choice
Margin can be defined as
A) the difference between the total cost of raw materials and the list price of a product.
B) the difference of the price a customer is willing to pay and how much the company actually collects.
C) the difference of the price a customer is willing to pay and the price a seller is willing to sell at.
D) the difference between the selling price and the list price.
E) the difference of the price a customer is willing to pay and the cost of moving the good or service through its value chain.
Correct Answer:
Verified
Correct Answer:
Verified
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