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Author Question: One pitfall of cost-plus pricing for the buyer is that the seller may increase costs to establish a ... (Read 71 times)

tiara099

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on: Jun 29, 2018
One pitfall of cost-plus pricing for the buyer is that the seller may increase costs to establish a larger profit base.
 
 Indicate whether the statement is true or false

Question 2

Cost-based pricing results in a high price when demand is high and a low price when demand is low.
 
 Indicate whether the statement is true or false


amit

  • Sr. Member
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Reply #1 on: Jun 29, 2018
Answer to Question 1

True

Answer to Question 2

False


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