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Sublight2097 Sublight2097
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8 years ago
The cost-plus-markup theory of price setting
A) explains why firms can't raise their prices until their costs rise.
B) explains why percentage markups vary.
C) is consistent with what many sellers say about how they set their prices.
D) takes demand into account in explaining relative prices.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
No problemo Happy Dummy
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