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In a Long-Run, It Is Worthwhile to Sell a Product

Question 25

Multiple Choice

In a long-run, it is worthwhile to sell a product only if the selling price exceeds ________.


A) the total of all the direct costs of the product
B) the total manufacturing costs of the product
C) the total of the fixed costs of the value chain
D) full cost of the product and a markup that provides an adequate return on capital

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