The difference between the amount of money that a customer is willing to pay for a resource, product, or service and the cost of the activities involved in producing that resource, product or service is called the

A. cost measure
B. value distinction
C. differentiation factor
D. margin
E. bottom line

Answer: D. margin

Business

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Proponents of comparable worth legislation argue that:

A. employees should be paid a wage that is comparable to their cost of living. B. individuals in jobs requiring similar levels of education and experience should be paid a similar rate. C. individuals performing the same jobs must be paid the same. D. contractors and employees must be paid the same for similar work.

Business

Which of the following is not true of groups?

A) Groups must remain in effect for long periods of time. B) Groups may be collocated. C) Groups can be loosely coupled. D) None of the above

Business