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What is the markup of markup-cost pricing

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Reference no: EM132201031

If price P, unit costs C, and quantity Q, are known, what is the markup of markup-cost pricing?

a)(PQ -CQ)/Q.

b)P -C/Q.

c)(P -C)/Q.

d)(P -C)/C.

e)1 -(P -C)/Q.

What is the answer and can I get some explanations?

Reference no: EM132201031

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