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Author Question: When products in an industry are relatively homogeneous and price is a key purchase consideration, ... (Read 137 times)

HudsonKB16

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When products in an industry are relatively homogeneous and price is a key purchase consideration,
 A) competition-based pricing becomes more important.
  B) demand-based pricing dominates pricing decisions.
  C) firms tend to use secondary-market pricing.
  D) cost-based methods like markup pricing are dominant.
  E) customary pricing is often used.

Question 2

Competition-based pricing is
 A) used when costs and revenues are secondary to competitors' prices.
  B) not useful as a method of increasing market share.
  C) not useful if the competing products are homogeneous.
  D) not able to increase sales.
  E) used when competing products are heterogeneous.



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taylorsonier

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Answer to Question 1

A

Answer to Question 2

A




HudsonKB16

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


flexer1n1

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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