Multiple Choice
In 1989,Sears and Roebuck closed its stores and remarked every price in its stores to reflect a new "lower everyday" pricing strategy.Sears must have believed at that time that
A) the profit from extra sales were less than additional menu costs.
B) the menu costs were less than the gain in profits from additional sales.
C) extra liquidity was more important than menu costs.
D) B and C.
Correct Answer:

Verified
Correct Answer:
Verified
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