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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

20 of 20
A retaller of women's clothing has begun offering promotional discounts by significantly reducing prices on 40% 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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