This topic contains a solution. Click here to go to the answer

Author Question: Promotion is one dimension to competition. It represents a. The designing of a firm's product b. ... (Read 87 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
Promotion is one dimension to competition. It represents
 a. The designing of a firm's product
  b. Firm's product distribution decisions
  c. Any expenditure that assist in increasing the demand for a firm's product
  d. None of the above

Question 2

Long distance telephone service has become a competitive market. The average cost per call is 0.05 a minute, and it's declining. The likely reason for the declining price for long distance service is:
 a. Governmental pressure to lower the price
  b. Reduced demand for long distance service
  c. Entry into this industry pushes prices down
  d. Lower price for a barrel of crude oil
  e. Increased cost of providing long distance service



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

c

Answer to Question 2

c




penza

  • Member
  • Posts: 1,022
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Excellent

 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library