James is trying to determine the best price for his new fishing poles and thus uses the sales price as a basis of calculating the markup percentage. He is using _____.

James is trying to determine the best price for his new fishing poles and thus uses the sales price as a basis of calculating the markup percentage. He is using _____.



A. cost-plus pricing



B. value price



C. average-cost pricing



D. markup on sales price



E. target return pricing



Answer: D


Learn More :

Marketing

Learn More Multiple Choice Question :