What Is the Biggest Advantage Associated with Markup Pricing

question 37

Multiple Choice

What is the biggest advantage associated with markup pricing?

• A) its simplicity
• B) its inability to be decoded by customers
• C) the way that the technique considers demand
• D) the fact that merchandise is never underpriced with this technique
• E) its reliance on marginal costs

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Definitions:

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P.T. Barnum

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