Examlex
Instructions: Identify the terms and briefly state their historical significance.
Islam
Maintained Markup
The practice of keeping the difference between the cost price and selling price consistent across products or over time.
Original Markup
The initial amount added to the cost price of goods to determine their selling price.
Gross Margin
A company's revenue minus its cost of goods sold, which measures the efficiency of a company in managing its direct production costs.
Off-Price Retail
Retail stores that sell branded goods at lower than the manufacturer's suggested retail prices, often through purchasing overstocked or out-of-season items.
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