MANAGERIAL ECONOMICS (LOOSELEAF)
5th Edition
ISBN: 9781337571371
Author: FROEB
Publisher: CENGAGE L
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Chapter 16, Problem 1MC
To determine
Credible.
Expert Solution & Answer
Explanation of Solution
The tools of threat or commitment are effective as long as a person believes the other person. Thus, option ‘c’ is correct.
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Chapter 16 Solutions
MANAGERIAL ECONOMICS (LOOSELEAF)
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