There are 3 components to ABC's trade chain. The retailer, the wholesaler and the manufacturer (ABC). The

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Question:

There are 3 components to ABC's trade chain. The retailer, the wholesaler and the manufacturer (ABC). The retailer demands a 50% markup
on cost, the wholesaler demands a 20% margin on price and ABC marks up their product by 150% on cost. If ABC's variable costs are $4.00,
what is the WHOLESALER'S selling price?