This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Many firms use technology to gather information on the preferences of consumers and their responses ... (Read 109 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
Many firms use technology to gather information on the preferences of consumers and their responses to changes in prices. This information is then used to adjust prices of the firms' goods and services. This practice is called
 
  A) price discovery. B) yield management.
  C) empirical research. D) econometrics.

Question 2

If a firm produces 20 units of output and incurs a total cost of 1,000 and a variable cost is 700, calculate the firm's average fixed cost of production if it expands output to 25 units.
 
  A) 300
  B) 15
  C) 12
  D) It is impossible to determine without additional information.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

1_Step_At_ATime

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


vinney12

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Gracias!

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Mechanisms that convey positional information during embryonic development. Mechanisms that convey positional information during embryonic development.
Dust Technology Dust Technology
Responses to Categories of Visual Stimuli Responses to Categories of Visual Stimuli
Responses of Neurons in Areas V4 and V5 Responses of Neurons in Areas V4 and V5
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Caregivers’ responses sometimes help a child with strong emotions adapt to the environment. Caregivers’ responses sometimes help a child with strong emotions adapt to the environment.
Video: Griffith's experiments

For a complete list of videos, visit our video library