EBK MANAGERIAL ECONOMICS
EBK MANAGERIAL ECONOMICS
4th Edition
ISBN: 8220100546624
Author: FROEB
Publisher: YUZU
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Chapter 16, Problem 1MC
To determine

Credible.

Expert Solution & Answer
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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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