Margin Can Be Defined as

question 3

Multiple Choice

Margin can be defined as

• A)the difference of the price a customer is willing to pay and how much the company actually collects.
• B)the difference of the price a customer is willing to pay and the price a seller is willing to sell at.
• C)the difference between the selling price and the list price.
• D)the difference of the price a customer is willing to pay and the cost of moving the good or service through its value chain.
• E)the difference between the total cost of raw materials and the list price of a product.

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Definitions:

Cultural Organization

An entity that works to promote, preserve, research, or manage the cultural heritage, customs, or entertainment of a specific group or society.

Social Capital

The networks, relationships, and norms that facilitate collective action and cooperation among groups and communities, contributing to societal and economic benefits.

Social Organization

Is the orderly arrangement of social interaction.

Cultural Capital

The non-financial social assets that promote social mobility beyond economic means; these can include education, intellect, style of speech, dress, or physical appearance.