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10 questions from this quiz
How well designed, made & functional goods are
Design, Fitness for purpose, Durability
Services are intangible & consumed as delivered
Efficiency, competence & consistency shown
Where total revenue equals total costs
Costs that don't depend on activity level
Raw materials used in production
Fixed costs remain; variable costs drop to zero
Bulk buying inputs for better prices
Reducing average cost per unit as volume rises
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