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Question
Creative Quilts Studio sells hundreds of colors and types of fabric and thread. To price its inventory, the owners add 50 percent to the cost of each bolt of fabric and every spool of thread. What is this pricing approach called?
A. target return-on-sales pricing
B. flexible pricing
C. cost-plus pricing
D. standard markup pricing
E. customary pricing
Answer
This answer is hidden. It contains 113 characters.
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