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13-27 GROWTH, PRICE-RECOVERY, AND PRODUCTIVITY COMPONENTS. Lakeside T-Shirt Company sells a variety of T-shirts. Lakeside presents the following data for its first two years
13-27 GROWTH, PRICE-RECOVERY, AND PRODUCTIVITY COMPONENTS. Lakeside T-Shirt Company sells a variety of T-shirts. Lakeside presents the following data for its first two years of operations, 2018 and 2019. For simplicity, assume that all purchasing and selling costs are included in the average cost per T-shirt and that each customer buys one T-shirt.
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