What other reason could explain why this program is offered

Assignment Help Microeconomics

Reference no: EM13218726

Recently one of the nation's largest consumer electronics retailers began a nationwide television advertising campaign kicking off its "Take It Home Today" program, which is designed to encourage electronics consumers to buy today rather than continue postponing a purchase hoping for a lower price. For example, the "Take It Home Today" promotion guarantees buyers of new plasma TVs that they are entitled to get any sale price the company might offer for the next 30 days.

a. Do you think such a policy will increase demand for electronic appliances? Explain.

b. What other reason could explain why this program is offered? Would you expect the other large electronics stores to match this program with one of their own? Why or why not?

Reference no: EM13218726

Questions Cloud

In what direction and by how much will it eventually shift : Suppose that consumer spending initially rises by $5 billion for every 1 percent rise in household wealth and that investment spending initially rises by $20 billion for every 1 percentage point fall in the real interest rate. Also assume that the..

Compute the number of particles produced : a student determined the mass of a product, KCl to be 12 g. Calculate the number of particles produced.

What will be the nash equilibrium in the game : Suppose that Nike and Adidas are the only sellers of athletic footwear in the United States. They are deciding how much to charge for similar shoes. The two choices are "Low" and "High". The payoff (profit as million) 2X2 matrix.

Explain reactivity in electrophilic aromatic substitution : Please rank the following aromatic compounds in order of their reactivity in electrophilic aromatic substitution: anisole, nitrobenzene, acetophenone, toluene, benzene. Briefly explain your answer.

What other reason could explain why this program is offered : the nation's largest consumer electronics retailers began a nationwide television advertising campaign kicking off its "Take It Home Today" program, which is designed to encourage electronics consumers to buy today rather than continue postponing ..

Compute the volume of volumetric flask : Calculate the volume of 1.0 x 10-4 M CV+ solution that needs to be added to a 25.0 mL volumetric flask and diluted with deionized (DI)

What should be the monopolys profit-maximizing output : CH 12 (10%) Suppose that a monopoly faces inverse market demand function as P = 70?2Q, and its marginal cost function is MC = 40 - Q. Please answer the following two questions: a. What should be the monopoly's profit-maximizing output

Compute the rate of reaction : Consider the data below representing a run for the Clock Reaction. If the volumes of reagents indicated were combined and 219 seconds elapse before the color appears, calculate the rate of reaction in M/s.

Why marketable permits lead to the optimal outcome : Many environmentalists, or general members of the public, are horrified by the notion of marketable pollution permits. They argue that big corporations should not be able to buy the right to pollute the environment. Make the counter-argument.

User Account

All Pages