In cost-based pricing, a producer adds an amount to the total ...

[tuffie]

In cost-based pricing, a producer adds an amount to the total production cost to provide a profit. The amount added to the production cost is called a
 A) discount.
  B) markup.
  C) variable cost.
  D) differentiation.
  E) price line.

Question 2

A manager with few subordinates is said to have a
 A) narrow span of control.
  B) flat organizational structure.
  C) managerial hierarchy.
  D) matrix structure.
  E) wide span of control.

[Juro]

Answer to Question 1

B

Answer to Question 2

A