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Author Question: Excess supply of a product exerts ___________pressure on prices a. Zero b. No c. Upward d. ... (Read 141 times)

Mimi

  • Hero Member
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  • Posts: 542
on: Jul 1, 2018
Excess supply of a product exerts ___________pressure on prices
 a. Zero
 b. No
 c. Upward
 d. Downward

Question 2

You are considering buying a store. The storeowner gives you an estimate of the net profits of the store on a typical day. The owner has most likely given you the figures for the day when
 a. Sales are low, costs are high
  b. Sales are very close to costs
  c. Sales are high, costs are low
  d. All of the above


wuly

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


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