Standard Markup

question 54

Multiple Choice

Standard markup:

• A)adjusts the price of a product so that it is "in line" with that of its largest competitor.
• B)sets the price of a line of products at a number of different price points.
• C)is the difference between selling price and cost, divided by cost.
• D)sets prices to achieve a profit that is a specified percentage of the sales volume.

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Definitions:

Field Property

A characteristic of a field in a database, such as its data type, size, and whether it accepts null values.

Bedrooms Field

A specific field in a database or application used to record the number of bedrooms in a property or housing unit.

Criterion

A rule or test on which a judgment or decision can be based, often used in queries to filter data in databases.

Query Design Grid

A feature in database software that allows users to visually create queries by selecting tables, fields, and specifying criteria without direct SQL code entry.