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Difficulty:
45%
(medium)
Question Stats:
72%
(01:17)
correct 28%
(01:25)
wrong
based on 18
sessions
History
Date
Time
Result
Not Attempted Yet
The owner of a retail electronics store has decided to no longer open his store on Sundays. For the past 2 years, the store averaged $925 in total revenue on Sundays on which it was open, while the average expense for keeping the store open on a Sunday was $1,100.
Which of the following, if true, would most seriously call into question the store owner's reasoning in deciding to no longer open his store on Sundays?
a) The store's customers frequently order items from the store's website after visiting the store in person. b) The electronics store generates less profit on Mondays than on Sundays. c) On five Sundays during the past year, the electronics store generated profits of between $500 and $1,000. d) Most analysts of retail buying trends believe that the coming year will be a particularly good one for electronics stores that offer online shopping. e) Sunday has traditionally been a good business day for electronics stores.
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The owner of a retail electronics store has decided to no longer open his store on Sundays. For the past 2 years, the store averaged $925 in total revenue on Sundays on which it was open, while the average expense for keeping the store open on a Sunday was $1,100.
Which of the following, if true, would most seriously call into question the store owner's reasoning in deciding to no longer open his store on Sundays?
a) The store's customers frequently order items from the store's website after visiting the store in person. b) The electronics store generates less profit on Mondays than on Sundays. c) On five Sundays during the past year, the electronics store generated profits of between $500 and $1,000. d) Most analysts of retail buying trends believe that the coming year will be a particularly good one for electronics stores that offer online shopping. e) Sunday has traditionally been a good business day for electronics stores.
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.