Answer:
A) markdowns to move that old inventory
Explanation:
An inventory is an accounting term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.
When new car models appear in late summer and early fall, the dealers will use markdowns to move the old inventory.
A markdown price can be defined as the reduction in the original selling price of a good or service, in order to increase the level of sales. Also, it's used to describe a fall in the value of an asset.
Basically, a markdown is commonly used by businesses to stimulate the demand for their goods and services at a reduced price.
On the other hand, a mark-up price is simply the difference between the cost price of a good (product) or service and its selling price.
