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Question
Supermarket managers use standard markup pricing because it is particularly suited to situations when
A. there is a large number of products and estimating the demand for each would be difficult and time consuming.
B. there is a large number of product lines, all with basically the same product attributes.
C. there is a specific profit goal that needs to be achieved.
D. there is a policy of selling every item in a product line at the same price regardless of the product class.
E. the products are perishable or seasonal.
Answer
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