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Question
The gift shop purchased four sets of Block brand handpainted stemware expecting to sell all four at the list price of $24.99. Unfortunately, the demand for the stemware was not as high as the owner had anticipated. She was only able to sell one at this price. She reduced the price on the other three sets to $16.49 and was able to sell all three sets. Calculate her markdown percentage.
a. 0.34 percent
b. 3.43 percent
c. 34.3 percent
d. 2.78 percent
e. 27.8 percent
Answer
This answer is hidden. It contains 189 characters.
Related questions
Q:
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Q:
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Q:
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Q:
Figure 1.
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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a. market-product grids with target segments and product groupings
b. marketing return on investment
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e. possible cannibalization effects on other products in the line
Q:
When participating in major projects in college marketing classes, effective teams can make use of a __________ to be sure that each team member does a fair amount of work and that their class projects are finished efficiently and on time.
a. market-product grid
b. project schedule
c. Plan-A-Gram
d. Gantt chart
e. sales response function
Q:
Figure 1.
What is the name of the tool shown in Figure 1. above that is the basis for the scheduling techniques used today in marketing and production?
a. a market-product grid
b. a Gantt chart
c. a project schedule
d. a sales response function
e. a Plan-A-Gram