Multiple Choice
The largest inventory of wedding dresses in the Southeast can be found at Low's Bridal and Formal in Brinkley, Arkansas. From December 26 to January 16, a prospective bride shopping at Low's can find gowns once priced at $6,000 for $2,999 and $800 gowns for $399. The reduced prices of these gowns are reflected in which retail pricing strategy?
A) markdowns
B) original markups
C) future markups
D) inventory shrinkages
E) net markups
Correct Answer:

Verified
Correct Answer:
Verified
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