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Retailing

?

Markup is:

selling brand name merchandise at lower than regular prices.
the amount added to the cost the retailer paid for a product to reach the final selling price.
the difference between the retail cost and initial selling price.

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

Correct answer: (B)

the amount added to the cost the retailer paid for a product to reach the final selling price.

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