After offering a promotional allowance, the price of a product returns to its regular price level. When this happens, the retail store's gross margin on that product ________ on those items that were bought with the allowance but not sold during the price special promotion.
A) decreases, though minimally
B) increases substantially
C) remains the same
D) fluctuates wildly
E) vanishes
Correct Answer:
Verified
Q233: The two general methods for quoting prices
Q234: Instead of everyday low prices (EDLP), supermarkets
Q235: A new car dealer can reduce the
Q236: Reductions from list or quoted prices to
Q237: Manufacturers or even wholesalers make geographical adjustments
Q239: Geographic adjustments are made by manufacturers or
Q240: A price reduction given when a used
Q241: Central Ice Machine Co. is located in
Q242: When a firm divides its selling territory
Q243: Many cruise lines pay the customer's airfare
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents