Realistic to separate costs to fixed and variable components
Problem: Is it realistic to separate costs into fixed and variable components? Can it be done realistically? Can computer analyses do an easier job?
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Question 1. Which crop does the farmer plant? I know it has something do with expected value being higher.
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The cost-plus pricing approach's major advantage is a. it considers customer demand. b. that sales volume has no effect on per unit costs. c. it is simple to compute. d. none of these.
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