Examlex
Which of the following statements is TRUE?
Retail Price
The selling price of goods or services to the end consumer, typically including costs and markup.
Mark-up on Cost
It is the amount or percentage added to the cost price of goods to cover overhead and profit.
Future Shop
A now-defunct Canadian electronics retailer that was absorbed by Best Buy.
Normal Retail Price
The standard selling price of a good or service in the retail market before any discounts or promotions are applied.
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