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Demand-Based Pricing Is Another Name for Cost-Based Pricing

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True/False

Demand-based pricing is another name for cost-based pricing.


Definitions:

Rectangle

A quadrilateral with four right angles and opposite sides that are equal in length.

Perimeter

The total distance around the edge of a two-dimensional shape, measured by adding the lengths of all sides.

Interval

A range of values between two numbers including all the numbers in between.

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