Retailers need to set their prices high enough so that __________.
A)after markdowns,the retailer can still achieve their profit goals
B)merchandise looks attractive to shoppers
C)a variety of vendors cater to the retailer
D)a value is given to the merchandise because of the price
E)they just cover their costs

Question

Quizplus · Accepted Answer

The first price,or initial price of the product needs to be priced high enough for the retailer to achieve their profit goals after reductions.

Retailers Need to Set Their Prices High Enough So That