Jane Westerlund Owns a Small Retail Picture Frame Store in a Local

question 57

Multiple Choice

Jane Westerlund owns a small retail picture frame store in a local strip mall. She just bought 10 picture frames from a promising woodworker for $36 each. Based on market conditions, she planned to sell these for $100 each. Recently, however, sales have been a bit slow. Jane decides to reduce the price for the frames to $80. What is her maintained markup in dollar terms?

• A) $100
• B) $20
• C) $44
• D) $64
• E) $80

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Definitions:

Disparate

Essentially different in kind; not allowing comparison.

Disjunctive

describes a relationship or situation where elements are not connected or do not flow logically from one to another.

Ambivalent

Describes mixed feelings or contradictory attitudes towards a person, situation, or object.

Openness

A personality trait describing someone as curious, imaginative, creative, adventurous, and inventive.