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    Business
  3. Study Set
    Managerial Accounting for Undergraduates
  4. Exam
    Exam 2: Managerial Accounting Concepts and Cost Flows
  5. Question
    Because Customers Can So Quickly Compare Prices, a Business Cannot
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Because Customers Can So Quickly Compare Prices, a Business Cannot

Question 16

Question 16

True/False

Because customers can so quickly compare prices, a business cannot simply raise their prices, but must be able to control costs in order to realize a reasonable profit.

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