Which of the Following Statements About Markups Is True

question 99

Multiple Choice

Which of the following statements about markups is true?

• A)A firm can lose money even when using a high markup.
• B)Markup percentages are computed as a percentage of the cost of the product.
• C)It's easier for a producer to administer the prices consumers pay for products if the markup used varies from one intermediary to the next.
• D)The lower the markup,the lower the profit.
• E)None of these statements is true.

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