Market supply and demand information
Elucidate what kind of market supply and demand information would be use full to you in deciding on a business policy?
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A customer filled form of the subsequent fields will be of great employ. 1) Do you require product urgently?
2) How many times you visited our store?
3) Was the appropriate information provided to you?
4) Were you attended appropriately?
5) Can you afford to pay more for a rapid delivery?
6) Have you ever employed our product?
7) How do you know regarding our product?
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When price discrimination is not possible this profit-maximizing monopolistic competitor charges a price of $______ as well as produces ___________ units of output: (w) $12 || 5 thousand. (x) $15 || 8 thousand. (y) $16 || 7 thousand.
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