All of the Following Observations Concerning Markups Are True Except

question 154

Multiple Choice

All of the following observations concerning markups are true except

• A) they guide pricing by intermediaries.
• B) they are used by most retailers and wholesalers to set prices.
• C) they are a cost-oriented price setting approach.
• D) they are usually stated as dollar amounts.
• E) they are related to selling price for convenience.

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