In which of the following cases is grocery chain Greenstuff acting from motives of altruism and not self-interest?
A) Following a week of heavy snow and bad weather, the chain reduces prices in order to sell off excess inventory.
B) When research indicated that customers were willing to pay a premium for fair trade and organic products, Greenstuff began stocking these products exclusively.
C) The firm offers its customers an online shopping facility to make it easier for them to order groceries.
D) The firm recruits and trains youth from the immediate area to staff its stores.
E) Though it could raise its prices by stocking only organic products, it prefers to offer produce that is not certified organic, but is affordable.
E
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When comparing the loanable funds and liquidity preference frameworks of interest rate determination, which of the following is true?
A) The liquidity preference framework is easier to use when analyzing the effects of changes in expected inflation. B) The loanable funds framework provides a simpler analysis of the effects of changes in income, the price level, and the supply of money. C) In most instances, the two approaches to interest rate determination yield the same predictions. D) All of the above are true. E) Only A and B of the above are true.
What are two advantages of packet switching?
What will be an ideal response?