Sellers reserve price means

Business Management Mcqs
BILAL KHATTAK0

A.The seller refuses to sell the product till the minimum price (covering the cost of production) is offered
B.Seller refuses to sell the product at any price
C.Seller demands the price for whole of his product
D.A price which includes economic profits
E.A price determined for a batch of production

Related Mcqs:

  1. The price which covers the variable cost as well as the fixed price is
  2. Which of the following least affects break even point?
  3. reduction in price is called:?
  4. In the short run, in cannot produce at an economic profit
  5. Closing stock is generally valued at______________??
  6. Depreciation is calculated on the____________??
  7. In break even analysis the total cost consists of
  8. A competitive firm will maximise profits at the output where
  9. If the price index is 200, it means that the price level is
  10. Division of labour is helpful in

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