Which one of the following statements about the term "markon" is false?

a) Markon is sometimes used interchangeably with markup.

b) Markon most often indicates the total amount added to the cost of the total merchandise in department rather than to the amount added to individual items.

c) Markon is used sometimes to indicate markup based on cost rather than retail.

d) The term markon is used by retailers, whereas markup is used primarily by manufacturers.

Which one of the following statements about the term "markon' is false? Markon is sometimes used interchangeably withmarkup. Markon most often indicates the total amount added to the cost of the total merchandise in department rather than to the amount added to indlividual iterns. Markon is used sometimes to indicate markup based on cost rather than retall. The term markon is used by retailers, whereas markup is used primarily by manufacturers