For Each Historical Identification Question, Define the Term and Briefly

question 30

Essay

For each historical identification question, define the term and briefly describe its historical significance.
Northern Renaissance

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Definitions:

Marked Up

Refers to an increase in the selling price of goods or services, typically to create a profit margin above the cost.

Operating Expenses

Costs that a business incurs through its normal business operations, such as wages, rent, and utilities.

Wholesaler

A person or company that sells goods in large quantities at low prices, typically to retailers.

Retailer

A business that sells goods or services directly to consumers.