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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

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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