Question: O False Question 4 3 pts If an item has a cost of $16.00 and a 60% markup on selling is applied, the selling price

O False Question 4 3 pts If an item has a cost of

O False Question 4 3 pts If an item has a cost of $16.00 and a 60% markup on selling is applied, the selling price would be $40.00. True False 3 pts Question 5 nach will ensure a firm's long

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