The amount added to the cost the retailer paid for a product to reach the final selling price is referred to as a(n)
A) markup.
B) markdown.
C) original markup.
D) maintained markup.
E) cost-plus markup.
Correct Answer:
Verified
Q145: The activities related to managing the store
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Q175: Markdowns can be used to
A) increase competition
Q176: Another term for maintained markup is
A) original
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