Marketing MCQ
Marketing
In class, we heard that "Standard Markup Pricing" involves adding a fixed percentage to the cost of all items in a specific product class. This approach to pricing is usually used to set:
In class, we heard that "Standard Markup Pricing" involves adding a fixed percentage to the cost of all items in a specific product class. This approach to pricing is usually used to set:
In class, we heard that "Standard Markup Pricing" involves adding a fixed percentage to the cost of all items in a specific product class. This approach to pricing is usually used to set:
a.
The wholesale price
b.
The distributor's price
c.
The jobber's price
d.
The retail price
e.
The profitable price
Answer: The retail price
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