Author Question: Why should wine prices be marked-up on a progressive mark-up basis? a. Conservative mark-ups ... (Read 58 times)

kfurse · **on:** Aug 10, 2018

Why should wine prices be marked-up on a progressive mark-up basis?

a. Conservative mark-ups generally result in lower profits.
b. Conservative mark-up lead to under-pricing and may make the wine list look too cheap.
c. A consistent mark-up will under-price high cost wines.
d. A consistent mark-up will overprice low cost wines.
e. A consistent mark-up will under-price low cost wines.

Question 2

Foods containing saturated fat include olives, fish and soybeans.

Indicate whether the statement is true or false