Economics (M.Phil./Ph.D.) 2014 Panjab University Entrance Exam With Answers

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18.

In Mark-up pricing the price of the product fixed by the seller is equal to :

A: Cost per unit + a profit margin per unit
B: Variable cost per unit + a profit margin per unit
C: Marginal cost + a profit margin per unit
D: Fixed cost per unit + a profit margin per unit

The answer is: A

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