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Should a manufacturer's selling prices be based on costs?

Accounting Sales
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Question added by Ibrahim Umair , Financial and VAT Accountant , The Bridge Apartment Leeds
Date Posted: 2015/11/10
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Ali Rashed Ameen Abdulwahab
by Ali Rashed Ameen Abdulwahab , Key Account Manager , Naqel Express

In some situations it have to be based on the cost when you are at a competitive market and in other situations you can control the price when you are specialized in the product the monopolist manufacturer.

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