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Markup: a is a percentage applied to a bid cost and only includes desired profit. b. is a percentage applied to a base cost and

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Markup: a is a percentage applied to a bid cost and only includes desired profit. b. is a percentage applied to a base cost and includes desired profit and any costs not included in the base cost. c. is a percentage applied to a bid cost and includes desired profit and any costs not included in the bid cost. d. is a percentage applied to a base cost and only includes desired profit

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