Marketıng Management Deneme Sınavı Sorusu #1035468

What is the term used to refer to the difference between price and cost?


Consumer surplus

Profit margin

Reservation price

Market Value

Costumer Value


Yanıt Açıklaması:

The difference between price and cost is company’s profit margin while the difference between price and customer value is consumer surplus. The correct answer is B.

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