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True or False: Suppose you are a seller and you have a low-quality good to sell. If you can't make a

Economics
Tutor: None Selected Time limit: 1 Day

True or False: Suppose you are a seller and you have a low-quality good to sell. If you can't make a gain with the low-quality good you can switch to produce a high-quality good

Nov 9th, 2014

I would have say this statement is false without knowing more of the situation. What is the reason you are unable to sell low-quality goods? Is it because your marketing stagey is not adequate or is the demand for the product not high; if either of these are true you would also have a hard time selling a higher-quality produce which is the same as the lower quality product.

I hope this helps and good luck

Thanks

Amanda L

Nov 9th, 2014

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