All this marginal revenue and marginal cost stuff is just theory. Prices are determined by production costs.

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"All this marginal revenue and marginal cost stuff is just theory. Prices are determined by production costs." Evaluate this assertion?

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Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078110917

9th edition

Authors: Ronald W. Hilton

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Question Posted: Oct 06, 2016 08:35 AM

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All this marginal revenue and marginal cost stuff is just theory. Prices are determined by production costs.

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Managerial Accounting Creating Value in a Dynamic Business Environment

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