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.

Question

Quizplus · Accepted Answer

Favored customers receive special treatment during periods of excess demand because the demand exceeds the supply, leading dealers to prioritize certain customers over others.

Favored Customers Are Customers Who Receive Special Treatment from Dealers