Average-Cost Pricing

question 86

Multiple Choice

Average-cost pricing

• A)will result in losses if actual sales are much higher than expected.
• B)might cause a firm to charge too high or too low a price-and reduce its profits.
• C)usually assumes the firm will sell a larger quantity than the year before.
• D)cannot be profitable,because it ignores demand.
• E)All these answers are correct.

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Definitions:

Word-like Symbols

Symbols or sequences of characters in programming that resemble words and are used to represent variables, functions, types, etc.

High-level Source Program

A program written in a high-level programming language which is easier for humans to understand and must be translated into machine code by a compiler or interpreter.

Interpreter

An Interpreter is a program that directly executes instructions written in a programming or scripting language without requiring them to have been compiled into machine-language code.

Translates

In computing, translates generally refers to the process of converting code from one form or language to another, such as from high-level code to machine code.