Business, 03.12.2020 19:50 aiguillen6228

Average cost pricing 1. will result in disappointing profits when the firm sells more than it expected to sell.
2. will never lead to a higher than expected profit.
3. takes the demand curve into account when calculating a price.
4. is most likely to result in the expected level of profit when demand is inelastic within the range of possible prices.
5. All of the above are true.

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Average cost pricing 1. will result in disappointing profits when the firm sells more than it expec...

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