In general, prices should not be based on costs because
A. consumers are cost-conscious...
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Business, 08.04.2020 05:02, kingmichael2xx
In general, prices should not be based on costs because
A. consumers are cost-conscious.
B. producers rarely know what their costs are.
C. consumers make their purchase decisions based on perceived value.
D. producers need to avoid creating a cost competitive parity debate.
E. customers are always right.
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Answers: 3
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