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The Pricing Policy That Allows a Company to Generate Much-Needed

question 3

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The pricing policy that allows a company to generate much-needed revenue to help offset the costs of research and development is known as:


Definitions:

Wages

Payments made to employees for their labor or services, typically on an hourly, daily, or per-task basis.

Manager

An individual responsible for directing and overseeing the work of a group of people in an organization.

Utilities

Services such as water, electricity, gas, and sewer services provided to consumers and businesses.

Allocate

The process of assigning or distributing resources or amounts to various accounts or periods.

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