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Which of the following statements is true? Companies are price - takers when their products are unique. Companies are price - setters for a product

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Which of the following statements is true? Companies are price - takers when their products are unique. Companies are price - setters for a product when there Is Intense competition. Companies are price - takers for a product when the pricing approach emphasizes cost-plus pricing. Companies are price - takers when they have little or no control over the prices of their products or services

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