Question: 1. What is the difference between bundled pricing and multiunit pricing? Note: For questions 6 to 10, you may use the Online Learning Center. Click on "pricing."
2. A department store's maintained markup is 38 percent, reductions are $560, and net sales are $28,000. What's the initial markup percentage?
3. Maintained markup is 39 percent, net sales are $52,000, and reductions are $2,500. What are the gross margin in dollars and the initial markup as a percentage? Explain why initial markup is greater than maintained markup.