Which of the Following Is a Drawback of the Cost-Plus

question 23

Multiple Choice

Which of the following is a drawback of the cost-plus method?

• A) The final price may be so high that the firm's competitiveness is compromised.
• B) It is so variable that the actual price cannot be substantiated.
• C) There is a high turnover of product resulting in cost fluctuations.
• D) It is a time-consuming method.

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Definitions:

William Lloyd Garrison

An American abolitionist, journalist, suffragist, and social reformer best known for his anti-slavery newspaper "The Liberator" and for founding the American Anti-Slavery Society.

James G. Birney

An American abolitionist leader who ran for President of the United States as a candidate of the Liberty Party, advocating for the end of slavery.

James G. Birney

A prominent American abolitionist, politician, and attorney known for his leadership in the anti-slavery movement and candidacy for presidency under the Liberty Party in the 1840s.

Political Solution

A resolution achieved through diplomatic, legislative, or political processes to address a societal issue.