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If the supplier is using rate of return pricing, Group of answer choices Cost is divided by the desired profit to get the price Gross
If the supplier is using rate of return pricing,
Group of answer choices
Cost is divided by the desired profit to get the price
Gross profit margin is considered
Price is determined by adding an industry standard mark-up
The product's price is affected by the estimate of the sales volume
Prices are likely to be the same as other suppliers
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