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 135 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
Thanks for the timely response, appreciate it

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Worldly Goods Worldly Goods
When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Video: Appendicitis Animation

For a complete list of videos, visit our video library