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Author Question: Marketers determine markups based partly on their judgments of: a. the amount that a competitor ... (Read 16 times)

haleyc112

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on: Jun 28, 2018
Marketers determine markups based partly on their judgments of:
 a. the amount that a competitor charges for a given product.
 b. the amount that consumers will pay for a given product.
 c. the amount that can be charged as per the ideal pricing strategy for a given product.
 d. the amount that can be charged for additional profit.

Question 2

Scott was asked to participate in a research study, but he said he did not want to participate. In research terms, Scott is a:
 a. sampling error.
 b. biased respondent.
 c. no contact.
 d. refusal.


cat123

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Reply #1 on: Jun 28, 2018
Answer to Question 1

b

Answer to Question 2

d


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