3. Which of the following is non-price factor in international price determination?
A. Marginal cost
B. Fixed cost
C. Break-even price
D. Brand image
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Answer:
. Fixed cost
Explanation:
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Fixed cosT &
What is the Break-Even Price?
Break-even price is the amount of money, or change in value, for which an asset must be sold to cover the costs of acquiring and owning it. It can also refer to the amount of money for which a product or service must be sold to cover the costs of manufacturing or providing it. In options trading, the break-even price is the stock price at which investors can choose to exercise or dispose of the contract without incurring a loss...
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