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Home Q & A Board Other Fields Homework Help Business Economics
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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
The cost-plus-markup theory of price setting
A) explains most prices but not all.
B) explains why firms can't raise their prices until their costs rise.
C) explains why percentage markups are so similar from firm to firm and industry to industry.
D) does all of the above.
E) does none of the above.
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.
wrote...
#3
8 years ago
No problemo Happy Dummy
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