Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $140 for a comforter. Misu wants a 50% markup on cost instead of on selling price. What is Misu's cost?
Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $140 for a comforter. Misu wants a 50% markup on cost instead of on selling price. What is Misu's cost?
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter21: Production And Costs
Section21.2: Two Sides To Every Business Firm
Problem 4ST
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