Examlex
Groups composed of individuals who are very dissimilar to each other are known as ________.
Markup Percent
A percentage added to the cost price to determine the selling price.
Cost
Cost refers to the amount of money or resources expended to obtain a good or service, including production, materials, labor, and other expenses.
Markup Percent
The percentage increase applied to the cost price of goods to calculate their selling price.
Selling Price
The amount of money for which a good or service is sold to the buyer.
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