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4. Channel of Distribution Markups: (always solved using formula based on selling price - MU r) An item has a cost of $21.60 and selling
4. Channel of Distribution Markups: (always solved using formula based on selling price - MU r) An item has a cost of $21.60 and selling price of $24.00 from the manufacturer, a $30.00 selling price from the wholesaler and a $50.00 from the retailer. What is the markup at each level of the channel? What does the consumer pay
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