This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why might luxury-goods retailers limit purchases on a good by consumers "due to popular demand"? (Read 124 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
on: Mar 14, 2021
Why might luxury-goods retailers limit purchases on a good by consumers "due to popular demand"?
◦ Because they are worried about running out of supply, leaving some of their customers unhappy that they can't buy the good.
◦ Because they are trying to use scarcity as a way to improve the brand image of the good.
◦ Because they are limiting the possibility of arbitrage, where consumers buy in a low price area and resell in a higher price area.
◦ Because they are worried that they'll run out of the good during the all-important holiday season.
Managerial Economics and Strategy ¦ Perloff, Brander ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Collmarie on Mar 14, 2021

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Mar 14, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


Collmarie

  • Member
  • Posts: 569
Reply 2 on: Mar 14, 2021
YES! Correct, THANKS for helping me on my review

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

How to evaluate limits using algebra and the limit laws How to evaluate limits using algebra and the limit laws
How to use L'Hospital's Rule to find the limit of a function (Part 2) How to use L'Hospital's Rule to find the limit of a function (Part 2)
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Good alignment for sitting posture. Good alignment for sitting posture.
Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ... Good body mechanics for sitting on chair while performing massage. A. Sit with back and head in ...
Vegetable oils are good sources of essential fatty acids Vegetable oils are good sources of essential fatty acids
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library