Author Question: Peter's Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. Assuming ... (Read 471 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
Peter's Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. Assuming that the pizza and the wings are complements, which of these strategies can it employ?
 a. Increase the price of the wings
  b. Decrease the price of the wings
  c. Increase the quality of the pizza
  d. Both B & C

Question 2

You expect one-third of your customers to be high value, willing to pay 9 for your product, and the other two-thirds to be low value customers willing to pay only 3 . You cannot tell them apart. If the product costs 3, and you charge 9, what is your expected profit?
 a. 1
  b. 2
  c. 3
  d. 4



Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library