Question: Sound pricing in a competitive atmosphere involves quoting a price: A) In excess of an average cost price to insure an adequate profit margin B)
Sound pricing in a competitive atmosphere involves quoting a price:
| A) | In excess of an average cost price to insure an adequate profit margin | |
| B) | High enough to cover the variable cost of performance plus the maximum contribution toward fixed cost and profit attainable | |
| C) | Which always includes a profit margin in excess of 10% | |
| D) | Which insures against all contingencies that could conceivably surface during the performance of the work | |
| E) | All of the above |
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