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When Ep = -3, the optimal markup on cost is: a) 100% b) 67% c) 50% d) 33%

When Ep = -3, the optimal markup on cost is: a) 100% b) 67% c) 50% d) 33%

When Ep = -3, the optimal markup on cost is: a) 100% b) 67% c) 50% d) 33%

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Solution To find the optimal markup on cost we can use the formula Ep P C C Wh... blur-text-image

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