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Chapter 15, Problem 1RQ
To determine

Comment on the given statement.

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Explanation of Solution

Pricing decisions: Pricing decisions is one of the most important and required decision for the management. Pricing decisions has to be made after considering the number and variety of factors.

Every firm has to price its product higher than the product cost in a long run. But cost can be ignored, if the market for the product also is critically important for pricing the banking services.

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Chapter 15 Solutions

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