A retailer sells a product for $16 after marking up 33.33% on wholesaler selling price. The wholesaler's markup is 50% based on manufacturer selling price. In this instance, what is the correct markup chain for calculating the manufacturer selling price? O $16/(1-33.339)/(1-50%) $16(1+33.33%) *(1+50%) O $16/(1+33.33%)/(1-50%) $16 (1-33.33%)(1-50%) $16/(1+33.33%)/(1+50%)