Business, 15.10.2019 04:10 trinity0929

Suppose that a rap group called rg2 has released its first cd with live records at an intended list price ofâ $14.99. music stores have discovered that they can markup the price toâ $17.99 with continued strong sales. what information does this higher price convey to the recordingâ label:
a) the recording label should cut back on the production and distribution of rg2â's first cd
b) the price of the cd was too expensive to begin with
c) the markup by music stores indicates a surplus of rg2â's cd on store shelves.
d) the recording label should expand the production and distribution of rg2â's first cd

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Suppose that a rap group called rg2 has released its first cd with live records at an intended list...