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James is trying to determine the best price for his new fishing poles and thus uses the sales price as a basis of calculating the

James is trying to determine the best price for his new fishing poles and thus uses the sales price as a basis of calculating the markup percentage. He is using a ________ approach. Question 8 options: 1) markup on cost 2) value price 3) average-cost pricing 4) markup on sales price 5) cost-plus

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