Which of the Following Is the Gap Between the Cost

question 84

Multiple Choice

Which of the following is the gap between the cost and the price of a good on a per-product basis and is usually expressed as a percentage?

• A) net income
• B) profit margin
• C) gross margin
• D) incremental profit

---

Definitions:

Extrinsic Factors

External elements or influences that affect an individual's performance, motivation, or satisfaction, such as rewards or environmental conditions.

High Achievers

Individuals who consistently excel in their tasks, often going above and beyond expected standards.

Accept Credit

The willingness or readiness of an individual to receive recognition or acknowledgment for their work or contributions.

Blame When They Lose

Refers to the tendency of individuals or groups to attribute failures or losses to external factors rather than their own actions or decisions.