In cost-plus pricing,the markup component ________.
A) is a rigid number
B) is ultimately determined by the market
C) provides a means to calculate the actual selling price
D) is the end rather than the start of pricing decisions

Question

Quizplus · Accepted Answer

The markup component in cost-plus pricing is influenced by market conditions, as businesses must consider what customers are willing to pay and what competitors are charging.

In Cost-Plus Pricing,the Markup Component ________