Question: Question 1 3 ( 2 . 5 points ) Which of the following is a major limitation of cost - based pricing? Information on service
Question points
Which of the following is a major limitation of costbased pricing?
Information on service costs is less available to customers.
Monetary price must be adjusted to reflect the value of nonmonetary costs.
Small firms may charge too little to be viable.
Perishability of services limits comparability.
Labor is more difficult to price than materials.
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