Question: (1) Why dont the stores raise prices to increase revenue? (2) What costs is Abercrombie cutting? (3) Why would stores wage price wars in a

(1) Why don’t the stores raise prices to increase revenue?
(2) What costs is Abercrombie cutting?
(3) Why would stores wage price wars in a declining economy?
(4) Is cost cutting in a recession a good strategy? What does it mean when a recovery takes place?

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