Match Each Phrase That Follows with the Term (A-E) It

question 108

Short Answer

Match each phrase that follows with the term (a-e) it describes. Some terms may not be used and other terms may be used more than once.
-Fixed costs are included in the markup
A)Total cost method
B)Variable cost method
C)Normal selling price
D)Product cost method
E)Yield pricing

• A)Total cost method
• B)Variable cost method
• C)Normal selling price
• D)Product cost method
• E)Yield pricing

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Definitions:

Anticline

A type of geological fold characterized by an arch-like shape where the oldest rocks are at the core.

Fault Trap

A geological structure where displaced strata create a trap that can contain fluids such as oil or gas.

Natural Gas

A fossil fuel consisting primarily of methane and other hydrocarbons, used as an energy source and feedstock in chemical manufacturing.

Iron Ore

Naturally occurring rocks from which iron (Fe) can be economically extracted, constituting a key raw material for steel production.