Examlex
Veronica dives into a swimming pool on a chilly winter day.Initially,she feels very cold and begins to shiver.However,after a while,Veronica stops shivering as her body begins to use energy to maintain its normal temperature.This phenomenon can be best explained as
Mark-up
The difference between the cost price and selling price of an item, expressed as a percentage of the cost.
Retail Price
The total cost at which a product is sold to the consumer, including overheads, profit margins, and taxes.
Markdown
A reduction from the original or retail price of goods to increase sales or clear inventory.
Competitor
An individual or company that competes against others for the same market share or audience in an industry.
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