Markdown Refers to

question 66

Multiple Choice

Markdown refers to

• A)the difference between the final selling price and the retailer's cost.
• B)the amount the manufacturer adds to achieve the desired suggested retail price.
• C)discounting a product when it does not sell at the original price and an adjustment is necessary.
• D)the lowest price to which a retailer can reduce a sales ticket and still make a profit.
• E)the net margin.

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