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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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