Question: Recall the example we give in class for setting a buy - back price. Which of the following statements about this formula is false? Group

Recall the example we give in class for setting a buy-back price. Which of the following statements about this formula is false?
Group of answer choices
The buy-back price ensures that the supplier bears more risk than the retailer.
The buy-back price may change if the wholesale price changes.
The buy-back price sets the retailers critical ratio equal to the supply chain critical ratio.
The buy-back price assumes that the retailers salvage value is less than the price of product in the manufacturers secondary market.

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