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    Business
  3. Study Set
    Introduction to Business
  4. Exam
    Exam 12: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price
  5. Question
    Profit Margin Is the Gap Between the Cost and the Price
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Profit Margin Is the Gap Between the Cost and the Price

Question 66

Question 66

True/False

Profit margin is the gap between the cost and the price of an item on a per product basis.

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