The desired return is subtracted from 1 and is divided by unit cost to calculate __________?
Correct answer: D. markup priceEconomics
- A. markup demand
- B. unit cost
- C. markup cost
- D. markup priceEconomics
Explanation
Markup price is found by dividing unit cost by one minus the desired return: unit cost ÷ (1 − desired return). Thus, the described calculation determines the final markup price, not merely the cost or demand.
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