Author Question: The business market includes: A) people who purchase goods and services for their own use or ... (Read 71 times)

Starlight · **on:** Jun 28, 2018

The business market includes:
A) people who purchase goods and services for their own use or consumption.
B) people whose purchase decisions are highly influenced by peer group behavior.
C) people whose purchase decisions are highly influenced by personal taste.
D) people whose purchase decisions are highly influenced by aesthetics.
E) people who acquire goods and services to use as inputs into their own manufacturing operations.

Question 2

During the innovative firm's monopoly period, a _____ is optimal if the demand curve is stable over time (no diffusion) and production costs decline with accumulated volume.
A) life cycle costing pricing policy
B) skimming policy
C) penetration policy
D) time segmentation policy
E) bid price policy