Bensons is a specialty store selling the finest home linen made from raw materials imported from Asian countries.Bensons pricing decision would be aimed at low markups on a high volume of products they retail.

Question

Quizplus · Accepted Answer

The statement mentions the use of raw materials imported from Asian countries, which suggests that the cost of production may be relatively high. Additionally, the mention of "finest home linen" may also suggest a higher quality product. Therefore, Bensons may need to use higher markups to generate a profit, rather than relying on low markups and high volume.

Bensons Is a Specialty Store Selling the Finest Home Linen