Question: Although cost - plus pricing and break - even analysis are important tools in setting prices according to a company's cost structure, they should never

Although cost-plus pricing and break-even analysis are important tools in setting prices according
to a company's cost structure, they should never be the core driving force behind pricing strategy.
The reason is:
Select one:
a. Because prices should be based on demand, not costs.
b. Because customer expectations are far more important in setting prices.
c. Because competitor's prices are far more important in setting prices.
d. Because different firms have different cost structures.

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