Question


Which of the following statements regarding retail pricing is most accurate?
A. Consumers rarely base their perceptions of a store's prices on a price of a benchmark item in the store.
B. Consumers are influenced more by a store's ambiance than its prices.
C. Stores that offer rebates and take an excessive amount of time to process them may create negative consumer perceptions.
D. New technology has nearly made markdowns unnecessary.
E. The only difference between everyday low pricing and everyday fair pricing is whether the store uses markups.

Answer

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