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ASAP!!!!! Sony Music is marketing a new music CD and distributing it via wholesalers who will sell it to retailers. The retail price of the

ASAP!!!!! image text in transcribed
Sony Music is marketing a new music CD and distributing it via wholesalers who will sell it to retailers. The retail price of the CD (e. the price to consumers) will be $15. Retailers have a margin of 40% on their price, and wholesalers have a margin of 25% on their price. What is Sony's price to wholesalers? Multiple Choice

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