Suppose you start food business. you plan to sell rice meal. The cost of each rice meal is ₱50. 1. How much is the selling price that you desire? 2. Will it show a mark-up, markdown, or mark-on? 3....

Suppose you start food business. you plan to sell rice meal. The cost of each rice meal is ₱50.


1. How much is the selling price that you desire?
2. Will it show a mark-up, markdown, or mark-on?
3. Would you prefer to have a markdown and put a sale on your product just to increase your demand?