What factors would make you more sensitive or less sensitive to price when purchasing gasoline?
What will be an ideal response?
A number of factors are likely to affect your sensitivity to changes in gasoline prices, including your income level, whether you live in an area with good public transportation, and whether you live within walking distance of your school or job.
Economics
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In profit centers
a. Managers are difficult to evaluate because there is no simple metric of how well they performed b. Managers typically do not have the information to run their division efficiently c. Managers' decisions can affect other divisions d. Managers typically do not have the incentives to run their division efficiently
Economics
Explain how both sales and long lines prior to store openings are characteristic of markets in disequilibrium
Economics