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    Managerial Economics Study Set 3
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    Exam 15: Pricing Practices
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    If E<sub>P</sub> = -3, the Optimal Markup on Cost Is
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If EP = -3, the Optimal Markup on Cost Is

Question 47

Question 47

Multiple Choice

If eP = -3, the optimal markup on cost is:


A) 33%
B) 50%
C) 300%
D) 25%

Correct Answer:

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