Critics point out that in the drug industry,a pill that costs five cents to make may cost the consumer $2 to buy.This is an example of which of the following?

Question

Quizplus · Accepted Answer

Excessive markups refer to the practice of selling a product for a significantly higher price than what it costs to make or acquire, which is reflected in the example given about the drug industry.

Critics Point Out That in the Drug Industry,a Pill That