Marketing MCQ
Marketing
A retailer buys a painting for $200. She sets the price at $450. When the painting doesn't sell after two months, she raises the price to $800 to appeal to a different market. The painting sells for $800 the next day. What is the maintained markup?
A retailer buys a painting for $200. She sets the price at $450. When the painting doesn't sell after two months, she raises the price to $800 to appeal to a different market. The painting sells for $800 the next day. What is the maintained markup?
A retailer buys a painting for $200. She sets the price at $450. When the painting doesn't sell after two months, she raises the price to $800 to appeal to a different market. The painting sells for $800 the next day. What is the maintained markup?
A.
$250
B.
$350
C.
$450
D.
$600
Answer: D
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