Question: Why might a retailer use markdowns? To adjust a markup that has resulted in prices that are too high for customers. When there has been

Why might a retailer use markdowns? To adjust a markup that

Why might a retailer use markdowns? To adjust a markup that has resulted in prices that are too high for customers. When there has been an increase in customer demand for an item. To provide loyalty discounts for employees. When there has been a decrease in rhe general price level

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