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    Exam 16: Pricing and Credit Decisions
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    Tick Tock, a Small Retailer of a Quality Alarm Clock
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Tick Tock, a Small Retailer of a Quality Alarm Clock

Question 102

Question 102

Multiple Choice

Tick Tock, a small retailer of a quality alarm clock, sells its product based on a 35 percent markup of cost. If the firm's product costs are approximately $133, what is the selling price?


A) $138
B) $198
C) $180
D) $289

Correct Answer:

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