In a Long-Run,it Is Worthwhile to Sell a Product Only

question 13

Multiple Choice

In a long-run,it is worthwhile to sell a product only if the selling price exceeds ________.

• A) direct costs of the product
• B) manufacturing costs of the product
• C) fixed cost of the product
• D) full cost of the product and a markup

---

Definitions:

Structure

The arrangement or organization of components within a system, or the framework that defines the relationship between different parts.

Attribution Theory

A theory that focuses on how individuals interpret events and how this relates to their thinking and behavior.

Implicit Personality Theory

The assumption that people make about how different types of personality traits are interconnected, influencing how they perceive others.

Impression Formation

The psychological process by which individuals form opinions or judgments about other people based on initial perceptions and subsequent interactions.