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Which of the following statements is most accurate? O Nonprofit organizations are exempt from having to cover the costs of producing and/or marketing their products.

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Which of the following statements is most accurate? O Nonprofit organizations are exempt from having to cover the costs of producing and/or marketing their products. Socialy responsible corporations should have the pricing constraint of coveringall costs of producing and marketing their products, but they should not price their products to earn a profit Regardless of a company's objectives, a firm must cover all the costs of producing and marketing a product or the firm will fail. Price elasticity of demand makes it virtually impossible for companies to cover alltheir marketing and production costs at all times. Marketing and production costs are the most dificuit and expensive aspect of pricing because they draw so much capital O away from other departments in the organization

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