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Home Q & A Board Other Fields Homework Help Business Accounting
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8 years ago
A company is a price-taker when ________.
A) it has very high fixed costs
B) its product is unique
C) it has considerable flexibility in setting prices of its products
D) it operates in a highly competitive market
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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#2
8 years ago
This was certainly a tough question, loving the expertise
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