Business

Nolan Cameron

27 November, 09:24

A retailer buys a painting for $200. she sets the selling price at $450. when the painting doesn't sell after two months, she raises the price to $800 to appeal to a different market. the painting sells for $800 the next day. what is the maintained markup?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “A retailer buys a painting for $200. she sets the selling price at $450. when the painting doesn't sell after two months, she raises the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

JB Markets has sales of $848,600, net income of $94,000, dividends paid of $28,200, total assets of $913,600, and current liabilities of $78,900. Assume that all costs, assets, and current liabilities change spontaneously with sales.

Marginal utility is the Group of answer choices total utility associated with the consumption of a certain number of units of a good divided by the number of units consumed change in total utility obtained by consuming one less unit of a good.

Ford motor company engages in partnerships with its suppliers, component part makers, unions, transport companies, and dealerships-collectively known as its

Financial accounting statements tend to reflect past events. In view of this, how can they be of any assistance to a user in making a decision when decisions, by their very nature, can only be made about future actions?

Suppose a worker retires with a savings of $500,000 which is in an interest bearing account that has a rate of 6% per year. If after retirement the worker spends $4,000 a month, will there be any money left after 10 years

New Questions in Business

Outdoor Luggage Inc. makes high-end hard-sided luggage for sports equipment. Data concerning three of the company's most popular models appear below.

Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate and the inheritance. How will these taxes affect her new estate and inheritance?

What is the total amount of goods and services in the economy available at all possible price levels called?

Cassandra saved $85.25 to buy a stereo. the day she bought it, it was on sale. she had $9.73 left over. how much did she spend on the stereo?

Suppose the cross-price elasticity of demand between goods X and Y is 4. How much would the price of good Y have to change in order to increase the consumption of good X by 20 percent?