Which of the following describes a disadvantage associated with markup pricing?
A) how difficult it is to implement
B) its inability to consider product demand
C) its dependence on marginal costs
D) too many factors influence it
E) none of these

Question

Quizplus · Accepted Answer

Markup pricing does not take into account product demand, which can result in overpricing or underpricing of products. This can lead to reduced sales and profitability.

Which of the Following Describes a Disadvantage Associated with Markup