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Author Question: Many firms use technology to gather information on the preferences of consumers and their responses ... (Read 51 times)

vinney12

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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.
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1_Step_At_ATime

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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.
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vinney12

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lindahyatt42

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

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