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    Unit Price of a Product with Markup

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    The fully allocated cost of a product is $45. If the firm wants to use a markup of 30%, then it should charge what unit price?

    © BrainMass Inc. brainmass.com October 10, 2019, 1:01 am ad1c9bdddf
    https://brainmass.com/economics/microeconomics/unit-price-of-a-product-with-markup-317423

    Solution Summary

    This solution provides the formula and calculations for unit price.

    $2.19