Regarding Markups and Turnover

Multiple Choice

Regarding markups and turnover:

A) supermarket operators have found that high-margin products are generally more profitable than low-margin products.
B) higher markups always lead to higher profits.
C) low stockturn rates increase costs by tying up working capital in inventory.
D) to earn higher profits, all firms should lower their markups and seek faster turnover.
E) None of these alternatives is correct.