The retailer's controllable element of price can be either the cost of goods sold or the gross margin that is added to the cost.

Name: The retailer's controllable element of price can be either the cost of goods sold or the gross margin that is added to the cost.
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Question

Quizplus · Accepted Answer

The retailer has control over the price at which they sell their goods, and this can be determined by either the cost of goods sold or the gross margin they add to the cost.

The Retailer's Controllable Element of Price Can Be Either the Cost