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Which of the following statements is true of the cost of producing a product? A. It is not a factor to be taken into account
Which of the following statements is true of the cost of producing a product?
A.
It is not a factor to be taken into account while pricing a product.
B.
It includes manufacturing costs, but not product design costs for pricing decisions.
C.
It affects the willingness of a company to supply a product.
D.
It controls pricing in highly competitive markets.
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