« previous next »

Author Question: The problem with efficient component pricing is that it can invite entry that is inefficient. ... (Read 49 times)

Coya19@aol.com

  • Hero Member
  • *****
  • Posts: 601
on: Jul 1, 2018
The problem with efficient component pricing is that it can invite entry that is inefficient.
 
  Indicate whether the statement is true or false

Question 2

The artist Pablo Picasso sketched a woman tourist and charged her a lot for just a few minutes work. By his response, this is an example of:
 
  a. Overcharging
  b. Getting paid for one's life experience, expertise
  c. Agreement on the woman's part about fair value
  d. Material resources


bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jul 1, 2018
Answer to Question 1

F A major advantage of efficient component pricing is that it discourages inefficient entry.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Acid deposition is a transboundary problem Acid deposition is a transboundary problem
Trigonometry, Area Problem Trigonometry, Area Problem
Sequence Series Arithmatic Progression Problem Sequence Series Arithmatic Progression Problem
Problem Problem
Problem Problem
Gravitational Force Due to a Distribution of Mass Problem 1 Gravitational Force Due to a Distribution of Mass Problem 1
Video: Pericarditis

For a complete list of videos, visit our video library