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An Item Cost $20 to Produce

Question 25

Multiple Choice

An item cost $20 to produce.The retailer sold the product for $79.It had cost the retailer $50.The wholesaler had paid $34 for the product.The list price of the product was $100.The total of the dollar gross margins received by the manufacturer,wholesaler,and retailer amounts to:


A) $50.
B) $63.
C) $59.
D) $80.
E) $29.

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