Which of the following statements about everyday low pricing (EDLP) is most accurate?
A) For supermarkets, EDLP means "everyday low profits!"
B) Supermarkets have hailed EDLP as value pricing at its most effective.
C) EDLP allows supermarkets to use deeply discounted price specials.
D) EDLP can increase average retail prices by as much as 10 percent.
E) If retailers pass on their allowances to customers, they cannot make a profit.
Correct Answer:
Verified
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