The _________ to be recovered set a floor to the price that may be charged for a specific service.
A)costs
B)value
C)competitors price
D)elasticity
E)price

Question

Quizplus · Accepted Answer

The costs to be recovered set a floor to the price that may be charged for a specific service because the price must at least cover the costs incurred in providing the service to ensure the business is financially viable.

The _________ to Be Recovered Set a Floor to the Price