Choose the Item That Best Matches Each Item of the Following

question 1

Multiple Choice

Choose the item that best matches each item of the following:
-The number of dental care services actually utilized

• A)Demand
• B)Utilization
• C)Need
• D)Supply
• E)2:1
• F)1:2

---

Definitions:

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment compared to its initial cost.

Cost-Plus Pricing

A pricing approach that involves adding a consistent percentage or fixed sum to the production cost of a product or service to set its sale price.

Absorption Cost

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by the cost of the investment.