Answer:
Markdown is known as the change from the base price to the final price
Step-by-step explanation:
Look at the attached picture.
Markdown is known as the change from the base price to the final price. By definition, the markdown price is a reduction of the price to encourage people to buy the product. Thus, this integer is equivalent to -$1,100.00. The negative sign is essential to signify that there is a reduction to the price.