Engineering :: Business Management

@ : Home > Mechanical Engineering > Business Management

Sellers reserve price means

[A].	The seller refuses to sell the product till the minimum price (covering the cost of production) is offered	[B].	Seller refuses to sell the product at any price
[C].	Seller demands the price for whole of his product	[D].	A price which includes economic profits
[E].	A price determined for a batch of production

Answer: Option A