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 of the following tasks would a multimedia artist most likely complete at a small art studio?
insens350 [35]

Answer:

Create labels to go under each peice of artwork.

Explanation:

the rest of these need bigger settings.

5 0
3 years ago
What is pictured below
Naya [18.7K]

Cathedral :)))))))))))))))

3 0
3 years ago
The art of secret writing that enables an individual to hide the contents of a message from all but the intended recipient is ca
Alex777 [14]

Answer: The art of secret writing is called a cypher.

7 0
3 years ago
The influence of Asian countries is evident in the use of A. ormolu. B. fiberglass and plastic. C. overstuffed upholstery. D. ra
barxatty [35]
<span>The correct answer is D. Rattan and Wicker.

The use of rattan and wicker is a very evident influence of Asian countries. Both of these materials are used in creating furniture and both are also originated in Asian countries. Synthetic wicker materials give the same appearance as natural rattan fibers but they last much better outside.</span>
6 0
2 years ago
Read 2 more answers
Why is the above painting representative of the romantic period?
givi [52]
If you were to show me the painting i would know
 
3 0
3 years ago
Read 2 more answers
Other questions:
  • The modern orchestra is much larger than the Romantic orchestras of the past. True False
    5·2 answers
  • Will give brainiest! Easy photography questions.
    8·1 answer
  • A vocal melody composed in the Baroque Era may highlight words of a text using A. word painting. B. polyphony. C. percussion. D.
    11·1 answer
  • A dream like this, not something you wish for
    12·2 answers
  • Perspective was originally developed by the ancient Greeks. What area of
    12·1 answer
  • Please help me. thank you!
    15·2 answers
  • #7: Which is the missing note in the photo. Do, Re, Mi, Fa, Sol, La, Ti, Do.
    11·1 answer
  • 1. CHIPT -It is an element of music that refers to loudness and softness of sound.
    6·1 answer
  • Hey im in english class and bored. does anyone have any good movie suggestions?
    8·2 answers
  • so NMIXX's debut song "O.O" kind of grew on me it's really catchy and also the chorus of the song is really catchy i know you mi
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!