The Founders Did Not Include in the U

question 83

Multiple Choice

The Founders did not include in the U.S. Constitution an explicit statement of state powers but added it later in

• A) the Second Amendment.
• B) the Seventh Amendment.
• C) the Tenth Amendment.
• D) the Fourteenth Amendment.
• E) None of the above is True.

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Definitions:

Markup Percent

The surcharge applied to the acquisition cost of products for covering overhead and making a profit.

Selling Price

The final amount of money charged for a product or service, or the amount the consumer is willing to pay.

Markup Percent

The percentage increase over the cost price of a product to calculate the selling price.

Selling Price

The actual price at which a product or service is sold to the customer.