When pricing automobiles, American car companies typically charge a much higher percentage markup over cost for luxury option items (such as leather…

6. When pricing automobiles, American car companies typically charge a much higher percentage markup over cost for luxury option items (such as leather trim, etc.) Than for the car itself or for more basic options such as power steering and automatic transmission. Explain why.

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!":

Get started