Engineering Notation Is in Steps of One Thousand Instead of Ten

question 9

True/False

Engineering notation is in steps of one thousand instead of ten.

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Definitions:

Mark-up

The amount added to the cost price of goods to cover overhead and profit; the difference between the selling price and the cost price.

Sale Price

The final amount at which an item or service is sold after any discounts or deductions.

Operating Profit

Earnings before interest and taxes (EBIT), reflecting the profit a company makes from its operations, before financial and other non-operational costs.

Reduced Price

A lower cost for goods or services, typically offered during sales, discounts, or promotions.