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Looking specifically at how a quoted price compares to the cost of production is called:
Looking specifically at how a quoted price compares to the cost of production is called:
A . Factor analysis
B . Price analysis
C . Psycho analysis
D . Cost analysis
Answer: D
Explanation:
Comparison of prices across different suppliers would be called ‘price analysis’; drilling down into costs of making or doing something would be called ‘cost analysis’.
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