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Your nephew and his college friends are starting a junk-hauling business. You advise them not to base their prices on costs because Multiple Choice producers

Your nephew and his college friends are starting a junk-hauling business. You advise them not to base their prices on costs because Multiple Choice producers need to avoid creating a cost competitive parity debate. consumers make their purchase decisions based on perceived value. customers are always right. producers rarely know what their costs are. consumers are cost-conscious

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