Question: estion 8 Why is strictly using markup pricing most likely impractical? A) Calculating costs is complicated due to fluctuations. B) By tying the price to

estion 8 Why is strictly using markup pricing
estion 8 Why is strictly using markup pricing most likely impractical? A) Calculating costs is complicated due to fluctuations. B) By tying the price to cost, sellers oversimplify pricing. C) When all firms in the industry use this pricing method, prices tend to be similar. O D) The method ignores demand and competitor prices. O E) With a standard markup, consumers know when they are being overcharged. 4 Moving to another question will save this response

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