Author Question: Which of the following statements about the pricing of services (compared to the pricing of goods) ... (Read 155 times)

faduma · **on:** Jun 28, 2018

Which of the following statements about the pricing of services (compared to the pricing of goods) is true?
A) The demand for services tends to be more elastic than the demand for goods.
B) Cost-oriented pricing is less difficult for services.
C) Comparing prices of competitors is less difficult for service consumers.
D) Self-service is a viable competitive alternative.
E) Consumers are more able to stockpile services by taking advantage of discount prices.

Question 2

Which of the following cultural values is not typically associated with American consumers?
A) low tolerance for waiting
B) growing disconnect with government
C) greater focus on long-term goals
D) concern for the natural environment
E) less tolerance of smoking in public