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    Financial and Managerial Accounting Study Set 4
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    Exam 20: Variable Costing for Management Analysis
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    In the Long Run, for a Business to Remain in Operation
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In the Long Run, for a Business to Remain in Operation

Question 125

Question 125

True/False

In the long run, for a business to remain in operation, the selling price of a product should normally cover all costs and expenses and provide a reasonable income.

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