The Sports Shoppe Is Buying Baseball T-Shirts

question 72

Multiple Choice

The Sports Shoppe is buying baseball t-shirts. The cost of the shirts, which includes permission fees, will be $11.44 each if 1000 shirts are purchased. Jamie sells 800 shirts before the baseball season begins at a 50% markup based on cost. What is the gross margin (markup) if Jamie sells the remaining 200 shirts at a 25% reduction from the selling price?

• A) $16,302
• B) $11,154
• C) $3575
• D) $4862

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Definitions:

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An ancient and obsolete medical theory that believed human health and temperament were determined by the balance of four bodily fluids: blood, phlegm, black bile, and yellow bile.

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An ancient Greek physician known as the "Father of Medicine," who established a framework for medical ethics and practice.

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Actions or behaviors that are deviant, maladaptive, or not culturally expected, and may be indicative of a psychological or mental disorder.

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Refers to the ancient civilizations of Greece and Rome, known for their contributions to arts, philosophy, science, and the development of Western culture.