Answer:
The markup amount is $14 and the retail price is $49.
Step-by-step explanation:
You can use the following formula to find the retail price with the information provided:
Retail price=Cost*(100%+markup %)
Cost=35
Markup %= 40%
Now, you can replace the values in the formula:
Retail price=35*(140%)
Retail price=49
Now, you can subtract the cost from the retail price to find the markup amount:
49-35=14
According to this, the answer is that the markup amount is $14 and the retail price is $49.
720 miles traveled on 60
gallons of gasoline.
Express this on its Unit Rate.
To get the answer, we need to divide 720 miles by 60 gallons of gasoline
=> 720 / 60 = 12 miles /gallons
Thus, in every 1 gallon of gasoline, you can travel 12 miles.
So, the expression would be like this:
720 miles / 60 gallons = 12 miles / gallon
Let’s check our answer
=> 12 miles x 60 gallons = 720 miles.
Thus, we got the correct answer.
These are the choices I found on the internet:
<span>A) trust.
B) cartel.
C) natural monopoly.
D) devised oligopoly.
The best answer would be letter C - natural monopoly. </span>This is a situation where one firm can supply a market's entire demand (because of a unique raw material, technology, or other factors) for a good or service at a value lower than two or more firms.
N(1/3)-8=-13 is the correct answer.
