Multiple Choice
The fundamental rule of business is that the selling price must be:
A) At least the same as the cost
B) Higher than the cost
C) Lower than the cost
D) Whatever people are prepared to pay
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Operational decision making is concerned with:<br>A) Health
Q5: The principal cause of business failure is:<br>A)
Q6: The majority of costs that sport facility
Q7: Businesses need to make a profit in
Q8: Explain what is meant by the breakeven
Q9: Is budgeting an isolated mechanical exercise or
Q10: If a budget does not balance, what
Q11: Consider a sports facility that you are
Q12: A vendor sells hotdogs for $5 and
Q14: When actual financial performance is worse than