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What is maximum profit pricing? Select one: a. Maximum profit pricing calculates the maximum allowable cost based on anticipated market price b. Maximum profit pricing

What is maximum profit pricing?

Select one:

a. Maximum profit pricing calculates the maximum allowable cost based on anticipated market price

b. Maximum profit pricing uses supply and demand to determine the maximum price

c. Maximum profit pricing calculates the target markup percentage to determine the price

d. Maximum profit pricing is another term for absorption costing

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