When samantha went into the furniture store to buy a new sleeper sofa, she thought the prices quoted by the salesperson were too high, so she prepared to leave. as she neared the door, the salesperson asked if she would be interested in buying the sofa if the price was $150 lower. samantha returned to the store, purchased the sofa, and felt like she had gotten a good deal. the furniture store uses: ?

discount pricing strategy

The furniture store used the discount pricing strategy to encourage Samantha to purchase the sofa. Doing this, the store made her feel that she had had a good deal. Discount pricing strategy is lowering the price of the product to encourage sales. It is a strategy advising that the product is only available at a discount price for a short time. 

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know