Which of the Following Is a Reason Why Markup Pricing

question 115

Multiple Choice

Which of the following is a reason why markup pricing is NOT practical?

• A)By tying the price to cost,sellers simplify pricing.
• B)When all firms in the industry use this pricing method,prices tend to be similar.
• C)This method ignores demand.
• D)Sellers earn a fair return on their investment.
• E)With a standard markup,consumers know when they are being overcharged.

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The allocations of financial resources by the legislative branch of the government for federal programs, departments, and initiatives.

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