Mores and Folkways Are Informal ______

question 8

Multiple Choice

Mores and folkways are informal ______.

• A) norms
• B) values
• C) folkways
• D) mores

---

Definitions:

Markdowns

Reductions in the selling price of goods, often to clear old stock or during sales promotions.

Original Price

The initial cost set for a product or service before any discounts, promotions, or markdowns are applied.

Markdown

A reduction from the original or listed price of a product, typically to stimulate sales or clear inventory.

Discounting

The practice of reducing the price of goods or services, typically to attract customers or move excess inventory.