Examlex
What are the advantages of being a pioneer in a market?
Mark-up
The amount added to the cost price of goods to cover overhead and profit; the difference between the cost and selling price.
Retail Prices
The price at which goods and services are sold to the end consumer, inclusive of markup and VAT.
Markdown
A reduction from the original or retail price of goods or services to increase sales or clear inventory.
Elan 200 Skis
A specific model of skis produced by the Elan brand, known for its performance and design.
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