Question: A wholesaler purchases widgets for $ 8 per unit from the manufacturer and sells it to retailers who then sell to consumers. The wholesaler marks
A wholesaler purchases widgets for $ per unit from the manufacturer and sells it to retailers who then sell to consumers. The wholesaler marks up by on the retailer purchase price, while the retailers mark up by on the wholesaler selling price. Here, the correct markup chain for calculating retail selling price to the consumer is:
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$
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$
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