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    Basic Marketing Study Set 1
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    Exam 17: Price Setting in the Business World
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    If a Retailer Adds a 25-Cent Markup to a Product
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If a Retailer Adds a 25-Cent Markup to a Product

Question 50

Question 50

True/False

If a retailer adds a 25-cent markup to a product which costs the retailer $1.00, then according to the text the retailer's markup is 20 percent.

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