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    Exam 18: Price Setting in the Business World
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    Markup Refers to a Percentage of the
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Markup Refers to a Percentage of the

Question 195

Question 195

Multiple Choice

Markup refers to a percentage of the


A) "mark-on."
B) selling price-unless otherwise stated.
C) fixed cost.
D) delivered cost-unless otherwise stated.
E) cost of sales.

Correct Answer:

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