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nancy2457 nancy2457
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A year ago
Which of the following is not a flaw of cost-plus pricing?

▸ The price customers are willing to pay represents the value of the product or service.

▸ A markup based on cost does not represent the value to the customer.

▸ Cost-plus pricing is complex to calculate.

▸ Cost-plus pricing implies that the cost of the seller's operational inefficiencies should be borne by the customer.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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jaymasterjaymaster
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A year ago
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