Which of the Following Statements About Markup Pricing Is Correct

question 151

Multiple Choice

Which of the following statements about markup pricing is correct?

• A) The use of similar markups reduces price competition.
• B) Markup pricing is inconvenient to use.
• C) Markup pricing results in a high price when demand is high and a low price when demand is low.
• D) Markup pricing is a demand-based pricing method.
• E) Using markups makes pricing a time-consuming, difficult process.

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