The difference between the buying and selling price is called _____ and it should be enough to cover all fixed costs.

Related MCQs

• The location decision should address all of the _________ points required for your industry and should enhance the _________ points.
• ______ is an area that Job analysis does NOT cover.
• _________ financing is raising money by selling part of the ownership of the business to investors.
• Charging the highest price the market will bear is called which of these?
• All of the following are questions that should be considered in the environmental and industry analysis section of the business plan except:
• When interviewing candidates, the questions asked should be seeking all of these EXCEPT ______.
• Fixed expenses:
• A product for which there are few substitutes and for which a change in price has little effect on quantity purchased is considered __________.
• ______ refers to setting the price for an item relatively low and then charging much higher prices for the expendables it uses.
• Setting a price that ends in the number 5, 7, or 9 is considered