Price elasticity of demand is an important tool for managers in in a selling environment in deciding what to put on sale.
reply to students in 150 words
initial question
- Price elasticity of demand is an important tool for managers in in a selling environment in deciding what to put on sale. Assume you are the District Manager of a grocery chain which sells everything like Ralphs or Albertsons. What will you put on sale in your district during the Valentine’s Day week? You must provide your reasons.
