Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Percentage markups are characteristically lower in supermarkets than in convenience stores because
A) convenience stores must charge high markups to compensate for low volume.
B) marginal revenue is greater in supermarkets than in convenience stores.
C) supermarkets are able to operate with a lower percentage return on investment.
D) supermarkets can take advantage of quantity discounts.
E) the demand curves of customers patronizing supermarkets tend to be more elastic.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 384 times
3 Replies
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
Top Poster
Posts: 3807
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  820 People Browsing
 109 Signed Up Today
Related Images
  
 14155
  
 9178
  
 613
Your Opinion
What's your favorite funny biology word?
Votes: 156

Previous poll results: What's your favorite coffee beverage?