If an Item Costs a Small Business Owner $15,and the Desired

question 13

Multiple Choice

If an item costs a small business owner $15,and the desired markup on it is 60%,its retail price would be:

• A)$24.00.
• B)$25.00.
• C)$37.50.
• D)$43.25.

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Definitions:

Otolith Organs

Structures in the vestibular system that detect linear accelerations of the head and contribute to the sensation of gravity and motion.

Touch Receptors

Sensory nerve endings in the skin that respond to tactile stimuli, allowing the sensation of touch.

Cutaneous Sense

The sensory system related to the skin, involving perception of touch, pressure, temperature, and pain.

Olfactory

Pertains to the sense of smell.