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Companies that perform in less competitive markets and their market offerings...

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Companies that perform in less competitive markets and their market offerings significantly differ are classified as

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Correct Answer: Option C
Companies that perform in less competitive markets and their market offerings significantly differ are classified as cost based approach. Cost based pricing is one of the pricing methods of determining the selling price of a product by the company, wherein the price of a product is determined by adding a profit element (percentage) in addition to the cost of making the product.
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