What might happen if a car dealership is awarded a bonus by the manufacturer for selling a certain number of its cars monthly, but the dealership is just short of that quota near the end of the month? Group of answer choices a. Potential buyers will lose buying power at the dealer b. It may sell the remaining cars at huge discounts to hit the quota c. It creates an incentive to sell cars from different manufacturers d. It would ruin the relationship between dealer and manufacturer
Group of answer choices
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Supply refers to the quantity of the commodity which the sellers are willing and able to produce at given prices during a given period of time. If the suppliers get additional incentives in the form of higher profits or bonuses then they would be willing to supply more goods to earn more income. On the other hand, consumers would be willing to purchase a higher quantity only when they get a lower price. This comes from the law of demand which states that, other things being equal, consumers would demand more quantity of a commodity at lower price and less at higher prices.
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