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Price takers must: a) Price their products using the target costing method since it is unique and has little if any competition in the market.

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Price takers must: a) Price their products using the target costing method since it is unique and has little if any competition in the market. b) Price their products using the cost-plus method, since it is unique and has little if any competition in the market. c) Price their products using the target costing method, since their product has many substitutes and the pricing is set by the market. d) Price their products using the cost-plus method, since their product has many substitutes and the pricing is set by the market

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