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18 . Which of the following statements about prices is false ? A . Prices must cover all costs and a normal profit margin B

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18 . Which of the following statements about prices is false ? A . Prices must cover all costs and a normal profit margin B . A variable cost - plus pricing formula requires a higher mark- up percentage than a total cost -plus pricing formula . C . Different definitions of cost base , each combined with a different mark- up percentage , will result in the same price for a product or service D . If prices are set close to variable manufact the firm will general higher profit

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