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    Purchasing and Supply Chain Management Study Set 3
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    Exam 13: Price Determination
  5. Question
    The Price of a Product or Service Should Be Expected
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The Price of a Product or Service Should Be Expected

Question 7

Question 7

Multiple Choice

The price of a product or service should be expected to cover cost of _____________, plus a reasonable profit.


A) production
B) promotion
C) distribution
D) all of the above
E) "A" and "B" only

Correct Answer:

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