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Which statement is accurate about Competition Oriented Pricing: (1) Select one: O a. In Competition Oriented Pricing, firms set products' prices on the basis

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Which statement is accurate about Competition Oriented Pricing: (1) Select one: O a. In Competition Oriented Pricing, firms set products' prices on the basis of their cost O b. In competitive bidding you set your price after determining competitors' price O c. In markets characterized by product differentiation, individual firms have more freedom to set their prices O d. For Oligopoly products; you negotiate price with customers e. Homogenous products prices vary largely between competitors

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