Cost-plus pricing may be a reasonable way to determine price when
A) marginal cost and average cost are about the same.
B) marginal cost differs significantly from average cost.
C) marginal cost and average fixed cost are roughly equal.
D) marginal cost is very low.
A
Economics
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Refer to Table 21.2. What is the median income in Mysteria?
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Product improvements make it difficult for the statisticians who construct the CPI to distinguish between ________ changes and ________ changes.
A. quantity; quality B. quantity; price C. price; quality D. income; price
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