The office supply store was selling two-drawer file cabinets for $20, which is a below-market price, to lure customers into the store in hopes that while they are in the store to buy a file cabinet they will also buy other items that have a much higher markup. What is the office supply store using?

Which statement concerning retail information systems is not correct?

a. Developing and updating a retail information system in an ongoing process. b. Developing a retail information system is generally simple. c. Data is continuously collected and stored in a retail information system. d. Retailers typically spend from 0.5 to 2.0 percent of their sales on their retail information system.

All markets are open to all borrowers

Indicate whether the statement is true or false.