Posted by **Kathy** on Tuesday, May 26, 2009 at 5:28am.

In 1994 the US postal service put a picture of Ben Pickett, not Bill Pickett whom it meant to honor. It printed 150,000 sheets. Recognizing its error, it recalled the stamp, but it found that 183 sheets had already been sold. a. What would the recall likely do to the price of the 183 sheets that were sold? b. When the government recognized that it could not recall all the stamps, it decided to issue the remaining ones. What would that decision likely do? c. What would the holders of the misprinted sheet likely do when they heard the governmentâ€™s decision?

## Answer This Question

## Related Questions

- History - What was the impact of technology on the Pickett's Charge?
- US history - how is Pickett's charge an example of new tactics?
- Statistics - What is a 95% confidence interval for mue, the population mean time...
- math - A printer holds 500 sheets of paper. After printing it held 210 sheets. ...
- accounting 100 - The following items are taken from the financial statements of ...
- English - Use coordination to combine each pair of sentences below into one ...
- algebra2 - Bill invested $15,000 in three accounts. The savings account paid 1% ...
- algebra2 - Bill invested $15,000 in three accounts. The savings account paid 1% ...
- Accounting - On December 1,2016, AJNB Company commences its operation. The ...
- Algebra - Luanne bought 50 stamps, some costing 37 cents and the rest costing 22...

More Related Questions