Chapter Six – How do companies decide what products and ...
Substituting in the formula: SP = C + MU, we find that, SP = $14 + .4SP or the selling price is equal to $14 plus .4 times the selling price. Now, grouping the terms with ‘SP’ together to solve the equation, we subtract .4 from both sides. On the right side of the equation, $14 + .4SP minus .4SP equals $14. ................
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