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    Small Business Management
  4. Exam
    Exam 11: Pricing and Credit Strategies
  5. Question
    Two Factors That Determine the Effects of Competitors' Prices on a Small
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Two Factors That Determine the Effects of Competitors' Prices on a Small

Question 3

Question 3

True/False

Two factors that determine the effects of competitors' prices on a small business owner's pricing decisions are the location of the competitors and the nature of the competing goods.

Correct Answer:

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