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Janelle is a Girl Guide who is trying to sell enough cookies to win a trip to Disney World. Her parents don't have the time to take her out selling cookies door-to-door, so they hire Tamara, Janelle's cousin who is studying psychology at Carleton University, to help Janelle after school for a few weeks while she's trying to sell the cookies. The good news for Janelle is that Tamara has recently learned about the psychology of persuasion.
-If a customer asks how many boxes Janelle has to sell to win the trip to Disney World,what would be the best statement to use to persuade them to buy the most boxes
Recession
A phase of brief economic downturn marked by a decrease in business and manufacturing activities, typically recognized when there's a drop in Gross Domestic Product (GDP) for two consecutive quarters.
Price Ceiling
A government-imposed limit on how high a price can be charged on a product, intended to protect consumers from high prices, but can lead to shortages.
Shortage/Surplus
A market condition where the quantity demanded exceeds the quantity supplied (shortage) or the quantity supplied exceeds the quantity demanded (surplus).
Price Ceiling
a legally imposed maximum price on goods or services, above which they may not be sold to prevent market prices from rising too high.
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