An External Issue to Be Considered When Setting a Price

question 48

Multiple Choice

An external issue to be considered when setting a price is

• A)the variable costs of the product or service.
• B)the desired rate of return.
• C)the quality of materials and labor.
• D)the number of competing products or services.

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Definitions:

Independence Goals

Objectives aimed at achieving self-sufficiency and the ability to carry out tasks or make decisions without external support.

Toddlers

Young children, typically aged between one and three years old, who are in the early stages of walking and developing speech.

Individuality

The quality or character of being an individual; particularly of being uniquely oneself, distinct from others in personality, interests, and values.

Dialog

A conversation between two or more people as a feature of a book, play, or movie, or a structured conversation or negotiation between opposing parties.