Even Though the Same Percentage Markup May Be Applied to All

question 6

True/False

Even though the same percentage markup may be applied to all customers, some customers may be more profitable than others.

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Definitions:

Voucher System

A policy or system in which vouchers are given, typically by the government, to individuals to purchase specific services or goods.

Public Education

A system of education that is universally available and funded by the government to ensure that all members of society have access to basic education.

Private Schools

Educational institutions not funded by public sources, often offering specialized curriculums or environments that differ from public schools.

SAT Score

A standardized test score used in the United States for college admissions, reflecting a testee's aptitude in areas such as math, reading, and writing.