Question: Economic contribution is created when the Multiple Choice revenue generated by selling a unit of a product is equal to the cost incurred by the
Economic contribution is created when the Multiple Choice revenue generated by selling a unit of a product is equal to the cost incurred by the firm in producing it. price a customer is willing to pay for a good or service is more than the cost the firm incurs to produce it. price a customer is willing to pay for a good is less than what it costs the firm to manufacture it. value a consumer attaches to a good or service is lesser than what he or she paid for it
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