Respuesta :

Answer:

the amount added to the cost price of goods to cover overhead and profit.

Step-by-step explanation:

Answer:

See below

Step-by-step explanation:

Meaning in my own words: The amount applied to the depreciation and production factor price of the product.

Example: Sells for $126 costs $100. Price is increase.

Synonyms for markup: increase, Profit

Hope this helps.

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