Which of the following term describes what a manufacturer spends for goods or services? A. cost B. price C. markup

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asked May 17, 2017 138k views

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Marouane · Answer 1 · 2017-05-24T09:19:37+0000

The term that describes what a manufacturer spends for goods or services is called the 'cost.' When the manufacturer sells it to the consumer, this is called the price, and it is more often times than not, marked up in price.

Which of the following term describes what a manufacturer spends for goods or services? A. cost B. price C. markup

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