Question: 2. Markup costing based pricing is _________________. a. a markup percentage applied to the product base cost b. adding desired profit to product base cost

2. Markup costing based pricing is _________________. a. a markup percentage applied to the product base cost b. adding desired profit to product base cost c. determining the cost of a product or service based on the price a customer is willing to pay for the product or service d. the bid price plus a mark-up percentage

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