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A television show called \'Extreme Couponning\' features people who go to extrem

ID: 2631034 • Letter: A

Question

A television show called 'Extreme Couponning' features people who go to extreme lengths to collect and use discount coupons. Though the program focuses on extreme cases, couponning is a popular strategy used by businesses to generate sales. What key economic concepts underlie the use of discount coupons by businesses?

How critical is the underlying market structure in the choice of this strategy for business revenue growth?

Use appropriate graph to support your answer!!!!

Also, please mention these points in your answer!!!

Uses appropriate concept graphs

Explanation / Answer

In this era of extreme couponing and group deals, consumers love to savor a restaurant meal for the price of fast food or get a facial for half off. But are these bargains a good deal for small merchants?

Whether they

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