A profit calculated by adding a percentage to the costs of production is called: A. Mark-up B. Breakeven. C. Margin. D. Mark-down
Question
Solution 1
Answering the Question
To determine the correct answer, let's clarify the terms involved:
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Mark-up: This refers to the amount added to the cost of a product to determine its selling price. It is expressed as a percentage of the cost price.
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Breakeven: This is the point at which to Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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