Explain this unusually high or low price

Reference no: EM131075789

1) Pick a product or service which seems to be priced unreasonably high or low.

2) What supply /demand factors in this product/service may explain this unusually high or low price?

3) Include how this Product/Service works differently from the normal supply/demand relationship. ( product choice: Michael Jordan shoes)

Reference no: EM131075789

Questions Cloud

Availability of advanced information technology : 'The availability of advanced information technology allows an organisation's work to be done anywhere at any time.' Discuss if 'organising' is still an important managerial function in the global society. Provide examples to illustrate your answe..

Describe a current view of the theory : How can a theory guide or inform practice? What are the issues involved in translating theory into practice - Describe a current view of the theory, not the founder's view or a classic view

Implementation of a public education campaign : Design and explain the implementation of a public education campaign concerning the various terrorism hazards. Address the information that will be presented and provide a plan for presentation.

Efficiency based absorption costing : Please provide the explanations to below listed accounting keywords, ( please avoid the similarity and note that i need 400 words). 1-Efficiency Based Absorption Costing

Explain this unusually high or low price : Include how this Product/Service works differently from the normal supply/demand relationship. ( product choice: Michael Jordan shoes)

Consider in retaining loyalty : There are 3 strategies that a hotel may consider in retaining loyalty from its top spending 20% of customers. These are

Purpose of nist special publication : Write a 2-page APA style paper summarizing the background, description, and purpose of NIST Special Publication, 800-34, Rev. 1, Contingency Planning Guide for Federal Information Systems.

Write the linear equation in slope-intercept form : Write the linear equation in slope-intercept form. Find the slope-intercept equation of the line passing through the two given points. Show work. State the domain of the function g (x) = (x + 9) / (x - 3) g(x) = (x + 9)/(x - 3).

Discuss the global operations of boeing : Give examples - specific cases and also discuss the global operations of Boeing, Benetton, Sony, FedEx, UPS, Volvo, Dominos & Haier. What are the challenges faced in global operations management? Pros & cons of outsourcing?

User Account

All Pages