Question: Average - cost pricing Question 1 2 options: may be very profitable if actual sales are higher than expected. may lose money for the firm

Average-cost pricing
Question 12 options:
may be very profitable if actual sales are higher than expected.
may lose money for the firm if actual sales are less than expected.
does not take demand into account in setting prices.
is simple in theory but often fails in practice.
All of the answers are correct.

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