The Production Cost of an Automobile Component Is $45

question 118

Multiple Choice

The production cost of an automobile component is $45. The producer takes a 10 percent markup and sells the product to the wholesaler. What is the wholesaler's cost?

• A) $45
• B) $5
• C) $10
• D) $50
• E) $60

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Definitions:

Extreme Drinking

Consuming alcohol in quantities far beyond what is considered moderate or safe, leading to potential health risks and social consequences.

Full-time

Describes employment where the individual works the number of hours defined as full by their employer, typically around 40 hours per week.

Drug Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs, leading to addiction or other negative outcomes.

Addiction

A psychological and physical inability to stop consuming a chemical, drug, activity, or substance, even though it is causing psychological and physical harm.