Price Reading Quiz QUESTION 9 of 10: To a retail business owner.what is ''cost'' a) The environmental damage caused by the store b) The amount paid to suppliers for merchandise c) The selling price

The correct answer is:<br /><br />b) The amount paid to suppliers for merchandise<br /><br />In a retail business context, "cost" typically refers to the amount paid to suppliers for merchandise. This is the expense incurred by the business to acquire goods that will later be sold to customers.