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Question: Which of the following best describes cost - plus pricing in accounting? a ) Setting prices based on competitors' pricing strategies. b ) Determining
Question:
Which of the following best describes costplus pricing in accounting?
a Setting prices based on competitors' pricing strategies.
b Determining prices based on customer demand and willingness to pay.
c Adding a markup to the product's cost to determine the selling price.
d Offering discounts to customers to increase sales volume.
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