The foreign exchange market provides a physical entity that transfers the purchasing power from one currency to another

Which of the following involves costs that most likely occur during the commercialization stage of new product development?

A) building or renting a manufacturing facility B) paying target customers for product feedback C) determining the product's planned distribution D) developing a prototype of the product E) identifying target markets

A markup and a margin both refer to the difference between a final price and unit cost

Indicate whether the statement is true or false