Regarding Markups and Turnover

question 192

Multiple Choice

Regarding markups and turnover:

• A) supermarket operators have found that high-margin products are generally more profitable than low-margin products.
• B) higher markups always lead to higher profits.
• C) low stockturn rates increase costs by tying up working capital in inventory.
• D) to earn higher profits, all firms should lower their markups and seek faster turnover.
• E) None of these alternatives is correct.

---

Definitions:

Conditioned Fear

A learned response that links a previously neutral stimulus with fear, resulting from the repeated pairing of that stimulus with an aversive event.

Kerosene

A flammable hydrocarbon liquid commonly used as fuel in heating, lamps, and jet engines, derived from petroleum.

Campfire

An outdoor fire created in a pit or ring of stones, typically used for warmth, cooking, or entertainment purposes.

Two-factor

A concept in psychology that suggests a phenomenon or outcome is the result of two distinct factors, often used in the context of emotion or motivation.