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Question 3

03. Prevailing competitive prices (PCP's) are:
OA. The prices charged by all repair facilities in a market area.
OB The average prices charged by all repair facilities in a market area.
OC. The prices charged by not less than a majority of the repair market.
D. None of the above.

1 answer

OB. The average prices charged by all repair facilities in a market area.
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