menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Math
  4. Exam
    Exam 9: Markup and Markdown
  5. Question
    The Price of an Item on the Retail Market Is
Solved

The Price of an Item on the Retail Market Is

Question 53

Question 53

Multiple Choice

The price of an item on the retail market is called the:


A) margin price
B) markup price
C) markdown price
D) selling price

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: A DVD player that costs $168 sells

Q49: When the original selling price of a

Q50: Tree-Mark Industries pays $90.00 for unfinished wood

Q51: The amount a business gets to keep,

Q52: Pat's Deli makes onion buns that cost

Q54: Sunfresh Bakery makes Italian bread that costs

Q55: The percent markup on cost is equal

Q56: If a product is marked up, the

Q57: When a fruit and vegetable stand marks

Q58: An item selling for $1681 is marked

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines