Answers

AM

Answered

Speaking from a manuscript is much more difficult for most people than speaking from outlined notes.

On Jul 30, 2024


True
AM

Answered

List the three reasons for why the aggregate-demand curve slopes downward.

On Jul 01, 2024


The wealth effect, the interest-rate effect, and the exchange-rate effect.
AM

Answered

What is the difference between a coupon and a deal?

On Jun 30, 2024


Coupons are sales promotions that offer a discounted price to the consumers. They are typically used to encourage trial among consumers and support among retailers. Deals are short-term price reductions used to increase trial among potential customers or to retaliate against a competitor's actions. The latter is accomplished because customers build up inventory as a result of the deal and, therefore, do not react to competitive actions (a new-product introduction, for example). See Figure 19-6.