Your firm needs a private investigator and the best private eye in Santa Teresa is Kinsey Milhone. Her services are worth 30,000 to your firm but you do not want to pay her more than 10,000.
You tell Kinsey that you cannot pay her more than 10,000 unless you get prior approval from the Board of Directors of your company, and, unfortunately, they just met and won't meet again for 6 months. This strategic move on your part gives you ________ flexibility and ________ bargaining power. A) less, less
B) less, more
C) more, less
D) more, more
Question 2
Over the long term, the ultimate determinant of the price of a depletable resource is the
A) extraction cost.
B) user cost.
C) demand.
D) availability of substitutes.
E) cost of finding new reserves.
