Suppose the per-unit production cost of a book is $4.00 and the retail price is $32
If the book publisher sells books to a bookstore at a 40 percent discount, what is the amount of the publisher's markup per book? Assume that bookstores sell books at the retail price.
A) $12.80 B) $15.20 C) $19.20 D) $21.60
B
Economics
You might also like to view...
If a firm increases its capital stock, real wages will likely ________ and the equilibrium quantity of labor will likely ________
A) decrease; decrease B) increase; increase C) decrease; increase D) increase; decrease
Economics
Which of the following would not be considered a consumer durable?
a. A sofa b. A personal computer c. Dinner each month at a nice restaurant d. An automobile e. A refrigerator
Economics