Margin can be defined as
A) the difference between the total cost of raw materials and the list price of a product.
B) the difference of the price a customer is willing to pay and how much the company actually collects.
C) the difference of the price a customer is willing to pay and the price a seller is willing to sell at.
D) the difference between the selling price and the list price.
E) the difference of the price a customer is willing to pay and the cost of moving the good or service through its value chain.

Question

Quizplus · Accepted Answer

Margin is typically defined as the difference between the selling price and the cost of producing or delivering a product or service, which aligns with the concept of moving the good or service through its value chain.

Margin Can Be Defined as