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Facing Reduced Inventory, How Would a Firm Like John Deere

Question 174

Multiple Choice

Facing reduced inventory, how would a firm like John Deere satisfy an increased demand for tractors if they have already drawn down inventories?


A) by increasing tractor inventories
B) by increasing the production of tractors
C) by increasing the price for tractors
D) by waiting for demand to decrease
E) They will not be able to, and will lose sales.

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