A product that consumes a relatively high level of resources but is reported to have a relatively low cost, is an example of
A)increased market share.
B)product marketing.
C)product undercosting.
D)product overcosting.
E)product sub-optimization.

Question

Quizplus · Accepted Answer

Product undercosting occurs when a product consumes more resources than what is reflected in its reported cost, leading to an underestimation of its true cost.

A Product That Consumes a Relatively High Level of Resources