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CornellCo sells a product that a production cost of $4.55 per unit. 21. If CornellCo desires a 25% margin on the product, the selling price

CornellCo sells a product that a production cost of $4.55 per unit.

21. If CornellCo desires a 25% margin on the product, the selling price is closest to: _________________

22. If CornellCo desires a 25% markup on the product, the selling price is closest to:

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