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    Economics for Managers
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    Exam 10: Pricing Strategies for the Firm
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    The Practice of Setting Price by Increasing the Average Costs
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The Practice of Setting Price by Increasing the Average Costs

Question 38

Question 38

Multiple Choice

The practice of setting price by increasing the average costs of production by some percentage is referred to as:


A) average cost pricing.
B) percentage pricing.
C) rate-of-return pricing.
D) markup pricing.

Correct Answer:

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