A longstanding charge against intermediaries is that they mark up prices beyond the ________.
A) value of their services
B) delivery charges
C) going market price
D) promotion cost
E) resale value

Question

Quizplus · Accepted Answer

Intermediaries (such as wholesalers and retailers) add value by providing services such as storage, transportation, and promotion. Their markup should ideally reflect the value they add to the product. Therefore, the correct answer is A) value of their services.

A Longstanding Charge Against Intermediaries Is That They Mark Up