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1 vote
Which term describes what a manufacturer spends for goods or services?

cost
price
markup

2 Answers

5 votes
Cost is the correct answer.
User Mustafa Magdy
by
7.9k points
2 votes
It is the cost.
A markup is when something requires x dollars to produce but is sold for more than x.
A price is just how much money the item is worth
A cost is what amount of money is needed to make the product, in this case terms and services.
Hope this helps!
User Junbang Huang
by
8.1k points

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