Answer: A process in which committee members offer changes to a bill before it goes
to the floor in each house for a vote
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Markup refers to the difference between the selling price of a good or service and its cost. It is expressed as a percentage above the cost. In other words it is the premium over the total cost of the good or service that provides the seller with a profit
Markup definition is - an amount added to the cost price to determine the selling price; broadly : profit. How to use markup in a sentence.
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The difference between the cost of a product or service and its sale price is called the markup (or markon). As a general guideline markup must be set in such a way as to be able to produce a reasonable profit. The markup price can be calculated in your local currency or as a percentage of either c...