Multiple Choice
If, at a firm's projected sales level, the marginal cost is $125, the average cost is $150 and the markup is 20 percent, then its selling price is
A) $125.
B) $150.
C) $165.
D) $180.
Correct Answer:
Verified
Related Questions
If, at a firm's projected sales level, the marginal cost is $125, the average cost is $150 and the markup is 20 percent, then its selling price is
A) $125.
B) $150.
C) $165.
D) $180.
Correct Answer:
Verified
