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Author Question: If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring ... (Read 149 times)

kamilo84

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  • Posts: 495
on: Jul 1, 2018
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


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CourtneyCNorton

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


kamilo84

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  • Posts: 495
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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