Automobile dealers frequently advertise sales because their lots are overflowing. The ads suggest a shortage of storage

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Automobile dealers frequently advertise sales because their lots are “overflowing.” The ads suggest a shortage of storage capacity but the price-cutting action indicates a demand shortfall. How can you reconcile these seemingly contradictory inferences?

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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