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

question 241

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 will 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)$0
• B)$36
• C)$44
• D)$64
• E)$100

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