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Author Question: A book costs 8.30 and sells for 32.99 . Calculate the markup rate based on the selling price. a. ... (Read 135 times)

armygirl

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on: Jun 24, 2018
A book costs 8.30 and sells for 32.99 . Calculate the markup rate based on the selling price.
 a. 69.3
 
  b. 68.9
 
  c. 70.4
 
  d. 74.8

Question 2

Which of these statements are true of multiple optimal solutions?
 a. All solutions have the same values for the decision variables.
  b. All solutions have the same value for the objective function.
  c. All solutions have the same shadow prices.
  d. All of these statements are true.


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T4T

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

b


armygirl

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Reply 2 on: Jun 24, 2018
Gracias!

T4T

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  • Posts: 348
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
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