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When deciding the price of the product, a company should Group of answer choices it should cover the cost of production and it should be

When deciding the price of the product, a company should Group of answer choices it should cover the cost of production and it should be competitive with the price of the competition. only cover the cost of the product only try to cover the costs of production only only try to make huge profits by keepping the price very high only try to match the price with the price of the competitor even if it does not cover the cost

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