This topic contains a solution. Click here to go to the answer

Author Question: If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring ... (Read 142 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring the agent to obtain permission to reduce price below a specific threshold, and the manager has all the relevant information transferred to him by the firm, the solution would
 a. Work
 b. Not work
 c. Not work in all circumstances
  d. None of the above

Question 2

Which of the following goods have a negative income elasticity of demand?
 a. Cars
  b. Items from Dollar stores
  c. Shoes
  d. Bread



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

a

Answer to Question 2

b




kamilo84

  • Member
  • Posts: 495
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library