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Identify the eight stages in the process of establishing prices. 2. Describe bundle pricing and give three examples using different industries. 3. A retailer purchases

  1. Identify the eight stages in the process of establishing prices. 2. Describe bundle pricing and give three examples using different industries. 3. A retailer purchases a can of soup for 24 cents and sells it for 36 cents. Calculate the markup as percentage of cost and as percentage of selling price.

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