Which Formula Is CORRECT

question 146

Multiple Choice

Which formula is CORRECT?

• A)VMPL = MC × P.
• B)VMPL = MPL × P.
• C)MPL = VMPL × P.
• D)VMPL / MC = TR.

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Definitions:

Refrigerated Trucks

Vehicles equipped with cooling apparatus to transport perishable goods at specific temperatures to maintain quality and safety.

Product Service

A combination of tangible goods and intangible services provided to fulfill the needs or desires of consumers.

Place Utility

The value added to products by having them available at a place where they are needed or wanted by consumers.

Consumers

Individuals or businesses that purchase goods or services.