The demographics of our society has changed because
a. the Baby Boom generation is now turning 60 .
b. of the increase in two-career families and single-parent households.
c. of immigration.
d. birth rates have changed.
Question 2
Which of the following is true about competitive pricing?
a. It is set by covering costs and then adding some margin.
b. It is set by covering costs only.
c. It is set by figuring out just how much a customer is willing to pay and pricing near that mark.
d. It is at a medium level, somewhere in between extremes, using competitors' prices as a starting point, and adjusting from there.
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