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In selecting a price for a product using differential analysis, which of the following decisions should be made? Total future revenues should exceed total future
In selecting a price for a product using differential analysis, which of the following decisions should be made?
Total future revenues should exceed total future variable and fixed costs.
The price that will result in the greatest total contribution margin, assuming fixed costs are the same for each price-quantity combination, should be selected.
The highest price should always be selected.
All of these are true.
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