A Producer Makes an Item for $32 and Sells It

question 241

Multiple Choice

A producer makes an item for $32 and sells it with a 50 percent markup to a wholesaler. The wholesaler then applies a 20 percent markup. A retailer then uses a 60 percent markup. The final retail selling price is:

• A) $200.00.
• B) $73.60.
• C) $64.00.
• D) $80.00.
• E) Cannot be determined without stockturn information.

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Definitions:

Wavelength

The distance between consecutive crests of a wave, especially points in a sound wave or electromagnetic wave, which determines its characteristics like color or pitch.

Amplitude

The magnitude of change in a periodic variable, such as a wave, from its baseline or equilibrium position.

Fovea

The fovea is a tiny pit located in the macula of the retina, responsible for sharp central vision vital for activities like reading and driving.

Cones

In the retina, specific cells called photoreceptors are crucial for seeing colors and are most effective in bright light scenarios.