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 costplus pricing and breakeven 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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