Business
Business, 15.10.2019 23:00, luusperezzz

Suppose you manage a convenience mart and are in charge of ordering products but do not set the price. the home office provides the prices. in your area, the income elasticity of demand for peanut butter is -.05. due to local factory closings, you expect local incomes to decrease by 20% on average in the next month. as a result, you should stock: a) 20% more peanut butter on the shelvesb) 5% more peanut butter on the shelvesc) 10% more peanut butter on the shelvesd) 10% less peanut butter on the shelves

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