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Author Question: What could be a potential explanation for a firm selling virtually identical products under ... (Read 39 times)

cherise1989

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What could be a potential explanation for a firm selling virtually identical products under different brands?
 
  A) Consumers are well informed about the quality of the products.
  B) Consumers believe that the products' quality is similar and thus firms are able to price discriminate.
  C) Consumers always favor private-label brands.
  D) Consumers believe that the products' quality differs and thus firms are able to price discriminate.

Question 2

What is one reason the eBay seller reputation system is important?
 
  A) eBay transactions tend to be isolated, one-off transactions.
  B) eBay transactions tend to be repeat sales between the same seller and buyers.
  C) eBay transactions often involve stolen products.
  D) eBay transactions require a larger percentage than, say, Amazon transactions.


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hramirez205

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cherise1989

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Reply 2 on: Jul 1, 2018
Wow, this really help


Dinolord

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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