Multiple Choice
An electronics store usually sells televisions for $1000 but business has been slow and it needs to sell them before the new model comes out.The shop buys the televisions in bulk for $550 each.The manager estimates they can only sell the old televisions for $375 each.What should the store do?
A) Never sell anything for less than they paid for it
B) Cut their losses and sell them for $375
C) Sell the televisions back to the bulk seller
D) Give the televisions to their employees as a bonus
Correct Answer:
Verified
Correct Answer:
Verified
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