Question
Pricing Behavior: a. When out shopping for Thanksgiving dinner, you notice that the local grocery store has a sale on turkeys. Why might the store
Pricing Behavior:
a. When out shopping for Thanksgiving dinner, you notice that the local grocery store has a sale on turkeys. Why might the store sell turkeys at a lower price right at the time when the demand for turkeys increased? Briefly explain. (Hint: Treat this as a pricing question, not a supply and demand question.)
b. Most cable systems offer different bundles of communications services such as phone, internet and TV where purchasing two or three of the services as a bundle is less costly than purchasing the products separately. Briefly explain why this is done
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