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2 0 of 2 0 A retaller of women's clothing has begun offering promotional discounts by significantly reducing prices on 4 0 % of its
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A retaller of women's clothing has begun offering promotional discounts by significantly reducing prices on of its inventory. What is the most likely outcome?
A Revenues and gross profit margin increases
B Revenues decline but gross profit margin increases
C Revenues may increase or decrease depending on volumes sold, but gross profit margin declines
D Revenues and gross profit margin declines
E Revenues and gross profit margin stay the same
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