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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