Author Question: Yield management is the practice of A) forecasting competitors' responses to price changes. B) ... (Read 24 times)

erika

  • Hero Member
  • *****
  • Posts: 522
Yield management is the practice of
 
  A) forecasting competitors' responses to price changes.
  B) using information technology to find the best interest rate.
  C) determining production functions to minimize production costs.
  D) using buyer data to rapidly adjust prices.

Question 2

Which of the following statements describes economists' attitudes regarding the influence of social factors on the choices consumers make?
 
  A) Economists believe social factors affect consumer choice in markets for public goods but not in markets for private goods.
  B) Liberal economists believe social factors are very important; conservative economists do not believe social factors have any influence on consumers.
  C) Economists traditionally believed they were unimportant, but many economists now believe social factors are important.
  D) Economists formerly believed they were very important but now they believe they are not important.


amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library