Which of the Following Statements Describes a Situation in Which

question 49

Multiple Choice

Which of the following statements describes a situation in which markdowns would not be appropriate?

• A) Markdowns would be appropriate on a pair of pillows that had been part of a display and were showing light wear.
• B) Markdowns would be an appropriate pricing strategy for winter parkas that are still in stock in March.
• C) Markdowns would be appropriate for licensed merchandise supporting a movie that was not as popular as predicted.
• D) Markdowns would be appropriate for national brand merchandise that was priced 15 percent lower in a neighboring competing store.
• E) Markdowns would be appropriate for a group of T-shirts that have a higher turnover than other T-shirts in the department.

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Definitions:

Bimodal

Having two distinct peaks or modes in a distribution of data.

Grade 12

The final year of secondary school in many educational systems, often associated with preparing for college or university entry.

Ages

The length of time that a person or object has existed, typically measured in years.

Unimodal

Describing a distribution that has a single mode or peak.