Examlex
Which of the following is true of negative reviews and ratings on retail websites?
Mark-ups
Additional charges applied to the cost of products to accommodate for overhead costs and profit margins.
Cost
The cost is the value exchanged, often monetary, to acquire goods or services, encompassing expenses such as purchase price, production, and overheads.
Selling Price
The amount of money for which a product or service is sold, which can include costs and profit margins.
Margin
In finance, margin refers to the difference between the selling price and the cost of goods sold, often expressed as a percentage of the selling price. In trading, it refers to the collateral required to open and maintain a position.
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