A lawn mower manufacturer has a unit cost of $140 and wishes to achieve a margin of

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A lawn mower manufacturer has a unit cost of $140 and wishes to achieve a margin of 30%

based on selling price. If the manufacturer sells directly to a retailer who then adds a set margin of 40% based on selling price, determine the retail price charged to consumers.

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Marketing An Introduction

ISBN: 9780133451276

12th Edition

Authors: Gary Armstrong, Philip Kotler

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