
Kenneth S. answered 02/08/18
Tutor
4.8
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Algebra II EXPERT will help you survive & prosper
It's management's responsibility. Different ways and philosophies, in different situations.
Generally, cost is augmented by desired profit, limited by forces of competition.
Sometimes the process is quite arbitrary. Have you ever noticed how the price of gasoline is always ending with nine in the third decimal place? (E.g.: $2.599)