Asked by I'marii Willss on May 01, 2024
Verified
Favored customers are customers who receive special treatment from dealers during periods of
A) excess demand.
B) excess supply.
C) price above equilibrium.
D) equilibrium.
Favored Customers
Those who receive special treatment from dealers during situations of excess demand.
Special Treatment
The act of giving preferential or unique consideration or handling to a particular person or group.
- Understand and identify the strategies for rationing in the market without utilizing price changes.
Verified Answer
SS
sonia sodembaMay 02, 2024
Final Answer :
A
Explanation :
Favored customers receive special treatment during periods of excess demand because the demand exceeds the supply, leading dealers to prioritize certain customers over others.
Learning Objectives
- Understand and identify the strategies for rationing in the market without utilizing price changes.