Organizations will not invest in making a product or providing a service unless it will provide a minimum return.
Correct Answer:
Verified
Q4: Marginal cost is the change in total
Q5: Setting appropriate prices is one of the
Q6: The economic approach to pricing is based
Q7: A primary internal factor to be considered
Q8: Companies should be concerned about the effect
Q10: The long-term objectives of a company need
Q11: Maximizing profits has been and continues to
Q12: Within the relevant range,fixed and variable costs
Q13: A company that produces standard items for
Q14: Customers' needs should be given strong consideration
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