Author Question: Two competing gas stations in a small town almost always have the same price for gasoline. If one ... (Read 47 times)

arivle123 · **on:** Jul 14, 2018

Two competing gas stations in a small town almost always have the same price for gasoline. If one gas station raises or lowers the price of a gallon of gas, the other station quickly follows suit. Which pricing objective does this illustrate?
A) Increasing market share
B) Maintaining status quo
C) Communicating brand value
D) Liquidation
E) Building loyal user base

Question 2

Small businesses hire approximately _____ of high-tech workers, such as scientists, engineers, and computer programmers.
A) 13
B) 43
C) 63
D) 34
E) 23