Solved

​A Major Big Box Store Allegedly Adds 5 Percent to the Total

Question 170

Multiple Choice

​A major big box store allegedly adds 5 percent to the total cost of production or cost of purchasing items it sells in its store,then adds to this number the additional costs and profits in order to arrive at the product's selling price.The 5 percent represents the ___ amount.


A) ​markup
B) ​income
C) ​equity
D) ​market share

Correct Answer:

verifed

Verified

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

Related Questions