One reason _ remains popular is that sellers are more certain about costs than about demand.
A)inelasticity pricing
B)penetration pricing
C)markup pricing
D)skimming pricing
E)elasticity pricing

Question

Quizplus · Accepted Answer

Markup pricing is commonly used because the seller has more control over determining the cost of the product or service. This allows for more accurate pricing and planning for profit margins. Demand, on the other hand, is more difficult to predict and control, leading to uncertainty for sellers. Therefore, markup pricing is a safer and more widely used approach.

One Reason _ Remains Popular Is That Sellers Are More