[Solved] If the price fixed is ________, the seller may not be able to cover his cost.

If the price fixed is ________, the seller may not be able to cover his cost.

A. too low

B. too high

C. more than cost

D. dynamic

Answer: (a) If the price fixed is too low, the seller may not be able to cover his cost.

More Questions

1. _______ is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

2. In a make or buy decision, the most important factor(s) to consider is ________.

3. GAAP in financial accounting stands for _______

4. An enterprise may decide to purchase the product rather than producing it if is _________.

5. A ________ is the catalog of items one should sell at their business.

6. Optimizing product mix can ________ the profits.

7. Advantages of break even analysis includes ______.

8. A budget is a ________ financial plan.

9. The excess of actual or budgeted sales over the break even sales are called ________.

10. The size of ________ is an important indicator of the strength of business.

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