A Retail Margin Is the Difference Between ________ and ________

question 16

Multiple Choice

A retail margin is the difference between ________ and ________.

• A) the volume of merchandise ordered; the volume of merchandise sold
• B) the revenue generated by a retailer in a year; the taxes paid by a retailer in that same year
• C) the retailer's operating expenses; the retailer's revenue
• D) a product's retail selling price; a product's wholesale cost
• E) a product's wholesale cost; a product's mark-up

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Definitions:

Lesbian

A woman who is emotionally, romantically, and/or sexually attracted to other women.

Gay

A term used to describe a person whose sexual orientation is towards people of the same sex.

Cohabitate

The act of living together in the same residence, typically by a couple who are not married.

Married

A legally or formally recognized union of two people as partners in a personal relationship.