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Do marketers create product shortages to drive up demand

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Reference no: EM132061886

Question: In your own words, reply (200 words) to the following questions:

Do marketers and companies sometimes create product shortages to drive up demand? What benefit is it to artificially create a shortage?

Think about the Cabbage Patch dolls and the Tickle Me Elmo and electronic products like the Xbox, that were both in short supply during the holiday shopping season.

Reference no: EM132061886

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