A company decided to conduct a market survey for its new MP3 player that the company had priced at $150. In the survey, 95 percent of participants said that the maximum they would pay for the MP3 player is $100
This is an example of which of the following possible consumer reference prices?
A) historical competitor price
B) expected future price
C) usual discounted price
D) upper-bound price
E) last price paid
D
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To obtain an injunction, the plaintiff must show the court that ________
A) an enforceable liquidated damages clause exists in the contract B) the defendant is engaged in the commission of a crime C) the contract will be reviewed using an alternative dispute resolution method if the injunction is not granted D) dollar damages are inadequate and that irreparable harm will be done if the injunction is not granted