Monica is a manufacturer of handcrafted wooden signs. The variable cost of each wooden sign Monica produces
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Monica is a manufacturer of handcrafted wooden signs. The variable cost of each wooden sign Monica produces is $ Monica sells her wooden signs to a wholesaler at a margin, who then sells the wooden signs to the retailer at an undisclosed markup The retailer then adds a margin and sells the product to the consumer at $ Based on this information,
what is the markup of the wholesaler?
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