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Product C has a cost of $ 6 0 and a usual markup percentage of 2 5 percent on selling price. Based on your calculation

Product C has a cost of $60 and a usual markup percentage of 25 percent on selling price. Based on your calculation of the price of this item, which of the following statements is false?
The marketing manager can use this pricing information to analyze the profitability of Product C and compare it to other products in the company's portfolio.
This pricing strategy allows the company to make a 25% profit margin on the sale of Product C while still maintaining a competitive price for the market.
The markup percentage of 25% on the selling price means that the profit margin on this product is 25% of the selling price.
The pricing decision should not consider factors such as market demand, competition, and the company's overall pricing strategy to ensure the competitiveness and profitability of Product C.

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