Companies following the __________ philosophy insist that no unit of a similar product is different from any other unit in terms of cost and that each unit must bear its full share of total fixed and variable cost

A. premium pricing
B. variable cost pricing
C. fixed cost pricing
D. full cost pricing
E. demand based pricing

Answer: D. full cost pricing

Business

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Which of the following transactions would most likely be declined due to lack of insurable interest?

A. A parent buys insurance on their adult child B. An employee insures their employer in the fear of losing their job C. A spouse insures the other spouse D. A local hospital insures its chief of surgery

Business

Choose the sentence that shows the correct usage of the past perfect tense

A) Janice wrote a paper for English class, completed 30 math questions, and answered 20 vocabulary questions for reading class. B) When I went to school to print out my paper, I realized I had forgotten my flash drive at home. C) I have seen the movie Manchurian Candidate several times, but I have not read the book. D) By the time I woke up, my husband has made the coffee and scrambled some eggs.

Business