Question 40 4 pt T. Jones, sales manager for Auto Comp Inc., an American manufacturer of automotive components for the replacement market has just returned from India with a near-deal for an exclusive" wholesale distributor to handle sales to independent Indian auto parts retailers. However the wholesaler is insisting on a markup of 25% on Indian retailer purchase price in the USA, AutoComp's wholesalers typically mark up 25% on the manufacturer selling price. T. Jones desires a competitive selling price (.e. lower the better to the Indian retailer, Which option is better? (choose the best answer!) The two markup %s will yield the same selling price Neither markup will result in a competitive selling price the Indian wholesaler's demand for 25% markup on retailer purchase price, the USA practice of 25% markup on manufacturer selling price All the other 4 answers are correct