Question: 8.3.21 Skill Builder Question Help A firm pays $52 for a car seat and wants a 22% markup for operating expense as well as an

8.3.21 Skill Builder Question Help A firm pays $52 for a

8.3.21 Skill Builder Question Help A firm pays $52 for a car seat and wants a 22% markup for operating expense as well as an 8% markup for profit. However, customers think the car seats are ugly, so they are not selling. Management reduces the price of each car seat by $35 to get rid of them. Find (a) the selling price, (b) the reduced price, (c) the percent of markdown, and (d) any operating or absolute loss

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