What Is the Amount Added by a Retailer to an Item's

question 14

Multiple Choice

What is the amount added by a retailer to an item's purchase cost needed to make a profit?

• A) Gross
• B) Variable cost
• C) Breakeven
• D) Markup
• E) Fixed cost

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Definitions:

Effector

A part of the body, such as a muscle or organ, that produces a response when stimulated by a nerve impulse.

Interneuron

Neuron located within the central nervous system that conveys messages between parts of the central nervous system.

Stroke

Condition resulting when an arteriole in the brain bursts or becomes blocked by an embolism; cerebrovascular accident.