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All of the Garages and Tire Retailers That Repair Flat

Question 122

Multiple Choice

All of the garages and tire retailers that repair flat tires in one county in North Dakota charge $8--no more and no less. From this information, you know the garages and tire retailers in this North Dakota county use:


A) cost-plus pricing.
B) marginal cost pricing.
C) market-based pricing.
D) break-even pricing
E) pricing to meet competition.

Correct Answer:

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