Answered

Which statement defines the term markup


A: extra amount added to the selling price to arrive at a cost price

B: the extra amount added to the cost price to arrive at selling price

C: extra amount added to the marginal cost to arrive at the selling price

Verified Answer :

luvkingjames

Im thinking C . extra amount added to the marginal cost to arrive at the selling price because you're marking up the price because its more for you and if it was cheaper you'd lose money.

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