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All of the following statements are true, except: a. The simplest pricing method is cost-plus pricing. b. Sellers are more certain about demand than costs.
All of the following statements are true, except:
a. The simplest pricing method is cost-plus pricing.
b. Sellers are more certain about demand than costs.
c. Standard mark-ups ignore current demand.
d. Cost as a percentage of selling price is another commonly used pricingtechnique in the restaurant industry.
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