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Retail Management 12th Edition by Barry Berman ,Joel Evans
Edition 12ISBN: 978-0132720823Retail Management 12th Edition by Barry Berman ,Joel Evans
Edition 12ISBN: 978-0132720823 Exercise 11
A retailer buys items for $65. At an original retail price of $89, it expects to sell 1,000 units.
a. If the price is marked down to $79, how many units must the retailer sell to earn the same total gross profit it would attain with an $89 price
b. If the price is marked up to $99, how many units must the retailer sell to earn the same total gross profit it would attain with an $89 price
a. If the price is marked down to $79, how many units must the retailer sell to earn the same total gross profit it would attain with an $89 price
b. If the price is marked up to $99, how many units must the retailer sell to earn the same total gross profit it would attain with an $89 price
Explanation
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Markup pricing will be fixed by the reta...
Retail Management 12th Edition by Barry Berman ,Joel Evans
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