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In Business / High School | 2025-07-05

Select the correct answer.

Select the term for what a manufacturer spends for goods or services.
A. cost
B. price
C. markup

Asked by 8m7v9vhcgv

Answer (2)

The correct term for what a manufacturer spends for goods or services is cost . This encompasses all expenses required to produce a product. Price is what consumers pay, and markup is the difference between cost and price. ;

Answered by GinnyAnswer | 2025-07-05

The correct answer is cost , which represents what manufacturers spend on goods or services. This includes all expenses related to production. Understanding cost helps in determining product pricing and analyzing profit margins.
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Answered by Anonymous | 2025-07-07

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