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What was the central thrust or point of Max Wertheimer's book on productive thinking? What is productive thinking? Describe his approach to problem solving as well as his views on mechanical drill and rote learning.
Markup Percentage
Markup Percentage is the difference between the cost of a product or service and its selling price, expressed as a percentage of the cost, used to determine the selling price.
Wholesale Price
The cost of goods sold in bulk to retailers or distributors, typically lower than retail prices.
Retail Price
The price for which retailers sell an item.
Expense Equation
A financial formula used to calculate the total expenses by summing all costs, both fixed and variable.
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