Barry's is a chain of retail stores that stocks a large variety of goods and practices high-low prices.This means that Barry's is most likely to ________.
A)have low volume and low markups
B)charge low prices constantly
C)offer numerous sales or discounts
D)compete on the basis of price, rather than product or service quality
E)use predatory pricing to eliminate competition

Question

Quizplus · Accepted Answer

Barry's practices high-low pricing, which means that they offer numerous sales or discounts. This allows them to compete on the basis of price while still maintaining a certain level of profit margin.

Barry's Is a Chain of Retail Stores That Stocks a Large