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Suppose a Retail Store Was Offering 10 Percent Off List Prices

Question 63

Multiple Choice

Suppose a retail store was offering 10 percent off list prices on all goods. The benefit of the 10 percent savings is:


A) unrelated to the list price of the good.
B) negatively related to the list price of the good.
C) positively related to the list price of the good.
D) zero since costs and benefits shouldn't be measured proportionally.

Correct Answer:

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