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Mechanical Engineering · Q105

Industrial Engineering And Production Management

Engineering and GATE · Mechanical Engineering · question 105

Q105

In the cost structure of a product, the selling price is determined by the factors such as

A.
Sales turn over
B.
Lowest competitive price
C.
Various elements of the cost
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In the cost structure of a product, the selling price is determined by the factors such as
- Sales turn over
- Lowest competitive price
- Various elements of the cost