In a strategy meeting, a manufacturing companys president said, If we raise the price of...
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Accounting
In a strategy meeting, a manufacturing companys president said, If we raise the price of our product, the companys break-even point will be lower. The VP for finance said sure, then we should raise our price so that the company is less likely to incur a loss. Do you agree with the president? Why or why not? Do you agree with the VP for finance? Why or why not?
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