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    Essentials of Marketing Study Set 2
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    Exam 18: Price Setting in the Business World
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    A Retailer Pays a Wholesaler $24
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A Retailer Pays a Wholesaler $24

Question 101

Question 101

Multiple Choice

A retailer pays a wholesaler $24.00 for an item and then sells it with a 25 percent markup.The retailer's selling price is


A) $32.00.
B) $56.00.
C) $48.00.
D) $30.00.
E) None of these answers is correct.

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