Effect of manufacturer's selling price
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If the retail price is fixed at $1.00, what effect does increasing the retail and wholesale margins have on the manufacturer's selling price? Explain why this is the case.
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The response discusses the Effect of manufacturer's selling price.
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If the retail price is fixed at $1.00, what effect does increasing the retail and wholesale margins have on the manufacturer's selling price? Explain why this is the case
Lets understand the basic concepts first:
Retail Margin% = Retail Margin/Retail price * ...
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