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In 1999 Mercedes-Benz USA adopted a new pricing policy, which it called NFP (negotiation-free process), that sought to eliminate price negotiations between customers and new-car dealers. An article in The New York Times (August 29, 1999) reported that a New Jersey Mercedes dealer who had his franchise revoked is suing Mercedes, claiming that he was fired for refusing to go along with Mercedes' no-haggling pricing policy.
The New Jersey dealer said he thought the NFP policy was illegal Why might Mercedes' NFP policy be illegal?
Can you offer another reason why the New Jersey dealer might not have wished to follow a no-haggling policy?
I am trying to figure out how to calculate the eqilibrium level of income and the multiplier
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Hello, how to cure inflation, particularly addressing rising food prices thanks Gedanken
Only two identical firms i = A;B, each with marginal cost MCi = 40 and no fixed cost, operate in a market with demand: Q p 1 160 2 120 3 90 4 70
give and explain the different causes of national income variation
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