Multiple Choice
A company sells three different products.The first costs $8 and sells for $16,the second costs $18 and sells for $45,while the third costs $36 and sells for $120.
A) The gross profit percentages on the individual products are 50%,60%,and 70%,respectively.
B) The third product is the highest margin good.
C) If the company can persuade some customers to switch to the third product,overall gross profit percentage will increase.
D) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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