Question: Identify each statement as either true or false: Prices are set by the competitive market when the product is specially made for a customer. The

Identify each statement as either true or false:
Prices are set by the competitive market when the product is specially made for a customer.
The difference between the market price and the desired profit is the target cost of the product.
In a highly competitive market, price is determined by supply and demand.
Identify each statement as either true or false:

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