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QUESTION 4 Cost information is important to take into consideration when considering pricing decisions, but it is only one of many factors that have to

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QUESTION 4 Cost information is important to take into consideration when considering pricing decisions, but it is only one of many factors that have to be taken into account. Discuss what this wider range of factors, related to a company's market environment, are and how they influence the use of product costing for pricing decisions. PLEASE NOTE THAT THERE IS A WORD LIMIT OF 750 WORDS FOR ANSWERING THIS QUESTION. (20 Marks)

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