Chapter 9—Product Concepts
17-69. Blue Ridge Weavers wants to set its selling price on an item so that the retail list price will be $50--taking into account the usual markups of 10 percent at wholesale and 30 percent at retail. At what price should Blue Ridge Weavers sell the item? A) $32.50 B) $31.50 C) $35.00 D) $34.00 E) $38.00 17-122. ................
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