Question

A brand of sneakers costs $29.00 to manufacture in Omaha, Nebraska. The

shoes are then shipped to shoe stores across the country. When you see
them on the shelves, the price is $69.99. How do you think the price you
pay for the sneakers is determined? Would this be considered a markup or
mark down? Answer both questions in the box below.​

Answer 1

its is a markup,and the price isdetermined from where they shipped it and how much it cost to get it nto the store and to were the store still gets a proffit from it

Explanation: