List and describe three ways a firm can determine long-run prices. As part of your answers, be
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List and describe three ways a firm can determine long-run prices. As part of your answers, be sure to describe when each method would be most appropriate and the strengths and weaknesses of each method.
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In the long run the price must cover all the costs whether fixed or variable cost The three ways a firm can determine the long run prices are 1 Full costing plus pricing method 2 Penetration pricing m...View the full answer
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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