A clothing store has ordered a new supply of jeans for the fall season and wants to sell off the remaining items from the previous spring. What action would the store owner most likely take?
Answer
A
The store owner would most likely lower the price of the spring jeans to encourage consumers.
B
The store owner would most likely raise the price of the spring jeans to encourage consumers.
C
The store owner would most likely raise the price of the spring jeans to encourage producers.
D
The store owner would most likely lower the price of the spring jeans to encourage producers.