Question 1- minimum 100 words
What is the difference between a value-added and a non-value-added cost? Give an example of each. Participate in follow-up discussions by reviewing your classmates’ posts and expanding upon what they have written regarding value-added and non-value-added costs. Cite any references used.
Question 2- minimum 100 words
What is the product life cycle? How does it affect pricing decisions? Cite any references used.
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