The difference between initial markups and maintained markups is due to ________.
A) different terms offered to larger customers
B) seasonal discounts
C) markdowns, added markups, shortages, and discounts
D) revisions in planned profits

Question

Quizplus · Accepted Answer

Initial markups are the original price markup that retailers add to the cost of goods, while maintained markups are the ongoing markups that retailers adjust based on factors such as markdowns, added markups, shortages, and discounts. Therefore, the difference between initial markups and maintained markups is due to markdowns, added markups, shortages, and discounts. Choices A, B, and D are not accurate explanations of this difference.

The Difference Between Initial Markups and Maintained Markups Is Due