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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Definitions:

Biological Parents

The individuals who contribute their genetic material to the birth of a child.

Juvenile Training Centers

Facilities designed to rehabilitate young offenders through education, vocational training, and therapeutic services.

Conduct Disorder

A psychological disorder in children and adolescents characterized by a persistent pattern of behavior that violates social norms and the rights of others.

Prevention Programs

Initiatives designed to stop an issue before it occurs, focusing on interventions that can prevent harm or disease.