The Amount a Product Sells for Above the Total Cost

question 109

Multiple Choice

The amount a product sells for above the total cost of the product itself is called

• A)the price elasticity of demand.
• B)marginal cost.
• C)marginal revenue.
• D)the break-even point.
• E)profit margin.

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Definitions:

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The process of gently extending muscles to improve flexibility and range of motion.

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A circadian rhythm concept suggesting that individuals have intrinsic cycles of rest and activity, notably proposed by sleep researcher Nathaniel Kleitman.

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A measure of time equivalent to 60 minutes or 3,600 seconds.