How are markdowns and discounts related

You'd have to check your reference material (text, on-line tutor) for the "official" definitions of each.

In my experience, both are a reduction in price. Whether the reduction is called a markdown or a discount may depend on the reason for it.

A discount may be part of a general pricing structure or plan: a customer may obtain a discount for paying in cash, paying within a particular time period, as part of a promotion or benefit (new-customer or employee discount, for example).  Goods that are "on sale" may be advertised as having a particular "discount."

A markdown may be a reduction in price because goods are damaged, out-of-date (unfashionable, or near/beyond their expiration date), or for the purpose of reducing unwanted inventory. A discount on items that "must go," or a reduction in price to better match market conditions, may be called a markdown—a reduction in the asking price of real estate, for example.

i need more information

step-by-step explanation:

let's add {f(x)=x+1}f(x)=x+1 and {g(x)=2x}g(x)=2x together to make a new function.

f(x)+g(x) =(x+1)+(2x)=x+1+2x=3x+1

let's call this new function hh. so we have:

{h(x)}={f(x)}+{g(x)}{=3x+1}h(x)=f(x)+g(x)=3x+1

we can also evaluate combined functions for particular inputs. let's evaluate function hh above for x=2x=2. below are two ways of doing this.

method 1: substitute x=2x=2 into the combined function hh.

h(x)

h(2)

​    

=3x+1

=3(2)+1

=7

​ since h(x)=f(x)+g(x)h(x)=f(x)+g(x), we can also find h(2)h(2) by finding f(2) +g(2)f(2)+g(2).

first, let's find f(2)f(2):

f(x)

f(2)

​    

=x+1

=2+1

=3

​  

now, let's find g(2)g(2):

g(x)

g(2)

​    

=2x

=2⋅2

=4

​  

so f(2)+g(2)=3+4=\greend7f(2)+g(2)=3+4=7.

notice that substituting x =2x=2 directly into function hh and finding f(2) + g(2)f(2)+g(2) gave us the same answer!