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Business Studies

Stock Market

Market price ...

Question

Market price method is considered to be the best method when ___________.

A

Quotations have to be sent

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B

Prices fluctuate

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C

Materials are subject to natural wastage

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D

None of these

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Solution

The correct option is A Quotations have to be sent
The market price method uses the prices of goods that are bought and sold in commercial market. To make a quotation, market price method is most suitable.

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