Author Question: The correct expression for cost plus pricing is A) Price = Cost (1 + profit margin). B) Price = ... (Read 78 times)

formula1 · **on:** Jul 1, 2018

The correct expression for cost plus pricing is

A) Price = Cost (1 + profit margin).
B) Price = Cost + profit margin.
C) Price = Cost (1 + mark-up).
D) Price = Cost + (1 + mark-up).

Question 2

If the government has enough knowledge about a market and the damage it causes through pollution, it can force the socially optimal output

A) through an emission fee.
B) using a ban on pollution.
C) by deregulating to eliminate the monopoly.
D) All of the above.