Setting Prices for Merchandise,retailers Must Decide on the Markup,markdown,and the __________

question 281

Multiple Choice

setting prices for merchandise,retailers must decide on the markup,markdown,and the __________ for markdowns.

• A) relevance
• B) necessity
• C) percentage
• D) timing
• E) consequence

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Definitions:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.

Economic Principle

Fundamental concepts or theories that underpin the study and understanding of economics, guiding analysis of economic behavior and decision making.

Federal Government

The national government of a federated state, which holds the authority to govern at a national level.

Opportunity Cost

The value of the best alternative foregone in making any decision.