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Question
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? the store owner would most likely raise the price of the spring jeans to encourage producers. the store owner would most likely lower the price of the spring jeans to encourage producers. the store owner would most likely raise the price of the spring jeans to encourage consumers. the store owner would most likely lower the price of the spring jeans to encourage consumers.
To sell off remaining spring - season jeans, the store owner needs to increase consumer demand. Lowering the price is a common strategy to make products more attractive to consumers. Raising the price would likely decrease demand, and the action is aimed at consumers, not producers.
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The store owner would most likely lower the price of the spring jeans to encourage consumers.