1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergey [27]
3 years ago
12

Explain standard ratio markup pricing

Arts
1 answer:
Klio2033 [76]3 years ago
7 0
Markup<span> is the ratio between the </span>cost<span> of a </span>good<span> or </span>service<span> and its selling price. It is expressed as a percentage over the cost. A markup is added onto the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a </span>profit<span>. The total cost reflects the total amount of both </span>fixed<span> and </span>variable expenses<span> to produce and distribute a </span>product. <span>Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price.</span> Retail markup<span> is commonly calculated as the difference between </span>wholesale<span> price and retail price, as a percentage of wholesale. Other methods are also used.</span>
You might be interested in
Which statement correctly describes a characteristic of the taj mahal
Rainbow [258]
The answer is C!!!!!
7 0
3 years ago
The filter on a black light prevents light from the _ spectrum from leaving the lamp.
zzz [600]
The ultraviolet spectrum?
4 0
3 years ago
Who is best known for severe classical paintings that extol the antique virtues of moral incorruptibility, stoicism, courage, an
butalik [34]
Srry I want to answer but I’m in fourth grade so yas
8 0
3 years ago
Read 2 more answers
En una cancion puede no repetirse una parte?
Fofino [41]
Creo que cada canción tiene una parte repetitiva. el coro.
5 0
3 years ago
What type of muscle is found in the involuntary and not striated?
ddd [48]

Answer:

Smooth muscle is non-striated, although it contains the same myofilaments they are just organized differently.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • How are cubist images and modern architecture related?
    13·1 answer
  • The musical movement where composers use native folk songs stories and history as part of their compositions to link to their ho
    9·1 answer
  • What was in the one painting that the narrator remembers closely in the house of the Ushers
    12·1 answer
  • The Model Bust of Queen Nefertiti was most likely intended to?
    10·1 answer
  • What type of balance is the most interesting to a viewer's eye?
    11·1 answer
  • Daisy
    11·2 answers
  • Tukuyin Kung narrow range o wide range Ang mga liriko at linya mula sa awiting Kalayaan ni jose o barcelo.sukatin Ang pagitan mu
    14·1 answer
  • I WILL GIVE BRAILIST x³+y³+z³=k<img src="https://tex.z-dn.net/?f=x%5E%7B2%7D%2056" id="TexFormula1" title="x^{2} 56" alt="x^{2}
    10·1 answer
  • A(n) ____________________ is responsible for the composition and lighting of each shot in a film. A. Actor c. Director b. Cinema
    13·1 answer
  • When a melody, such as row, row, row your boat, is harmonized by chords, the musical texture is said to be?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!