In general, prices should not be based on costs because:
A. consumers are cost-consciou...
Business, 15.04.2020 04:36, MoneyMike42
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
Answers: 3
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