[Answered] The government frequently uses competition-based pricing in granting defense contracts. Indicate ...

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Author Question: The government frequently uses competition-based pricing in granting defense contracts. Indicate ... (Read 192 times)

washai

Hero Member
Posts: 523

on: Jun 29, 2018

The government frequently uses competition-based pricing in granting defense contracts.

Indicate whether the statement is true or false

Question 2

A firm that considers costs and revenue secondary to competitors' prices when setting its own prices is using a competition-based pricing strategy.

Indicate whether the statement is true or false

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kalskdjl1212

Sr. Member
Posts: 353

Reply #1 on: Jun 29, 2018

Answer to Question 1

False

Answer to Question 2

True

washai

Hero Member
Posts: 523

Reply #2 on: Jun 29, 2018

Thank you

kalskdjl1212

Sr. Member
Posts: 353

Reply #3 on: Jun 29, 2018

Happy to help you

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