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Marcus Company believes that it can produce lawn mowers for a total cost of $400 per unit and plans a 25% markup on total cost.

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Marcus Company believes that it can produce lawn mowers for a total cost of $400 per unit and plans a 25% markup on total cost. If a competitor sells a similar lawn mower for $490 each, then Marcus Company's price will be lower than its competitor's price, True or False True False

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