A company's profit margin is calculated as:
A) price minus total cost.
B) average revenue minus average cost.
C) price minus average direct financial costs.
D) average revenue minus total cost.
Correct Answer:
Verified
Q33: As output increases, fixed costs:
A)rise.
B)fall.
C)remain constant.
D)fall and
Q34: As output rises, average fixed costs:
A)rise.
B)fall.
C)remain constant.
D)fall
Q35: Beginning at an output of one, as
Q36: Why do average variable costs eventually rise
Q37: A company's profit margin per unit sold
Q39: The table provides daily data on
Q40: The table provides daily data on
Q41: If your company has losses, then its:
A)average
Q42: On a graph of a company's cost,
Q43: (Figure: Profit Margin) What is the profit
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