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Dahasolnce [82]
3 years ago
15

Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $110 for a comforter. Misu Sheet wants to adv

ertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 40% markup on selling price? (Round your answer to the nearest hundredth percent.)
Business
1 answer:
Thepotemich [5.8K]3 years ago
7 0

Answer:

150

Explanation: 110 + 40 percent is 154 and 154 is rounded to 150.

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Persons, Corporations, and Economies are bound to specialize in the production of goods and or services in which they hold a stronger comparative advantage than their competition.

<h3>What is comparative advantage?</h3>

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