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Samita.Brown Samita.Brown
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7 years ago
If the manufacturer’s price index for a product is 100, the wholesaler’s markup based on cost is 40%, and the retailer’s markup based on cost is 60%, what will the ultimate buyers’ price be?
a.   1.4 times the manufacturer’s price
b.   1.6 time the manufacturer’s price
c.   1.24 times the manufacturer’s price
d.   2 times the manufacturer’s price
e.   2.24 times the manufacturer’s price
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Market Based Management

Market Based Management


Edition: 5th
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Market-Based Management, 5th Edition (Best)
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D-manD-man
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7 years ago
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Samita.Brown Author
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7 years ago
Correct!
Market-Based Management, 5th Edition (Best)
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