If a product is price elastic, should a seller consider lowering its price? Explain
What will be an ideal response?
Yes. A lower price will produce more needed revenue, as consumers will respond to the change in price and buy more.
Business
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It is considered unethical to copy press pick-ups and include them in press kits or on a firm's Web site
Indicate whether the statement is true or false
Business
Today, there are roughly ________ publicly traded stock and bond funds, and for many workers, the prospect of choosing among them is paralyzing
A) 5,000 B) 8,000 C) 18,000 D) 23,000
Business