In the ____,the supplier establishes a price that will provide a profit margin that is a predetermined percentage of the quoted price.

Question

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In the margin pricing model, the supplier determines the selling price by establishing a margin (profit percentage) on top of the cost of production. This ensures that the supplier earns a profit and covers their costs while remaining competitive in the market. The other options mentioned involve different pricing strategies that involve factors like competition, desired market share, and cost management goals.

In the ____,The Supplier Establishes a Price That Will Provide