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

Author Question: The textbook rejects the cost-plus-markup theory of price setting because A) business firms do ... (Read 69 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
The textbook rejects the cost-plus-markup theory of price setting because
 
  A) business firms do not describe their price-setting procedures as cost-plus procedures.
  B) competitors and monopolists set prices in different ways.
  C) it cannot explain the prices we actually observe.
  D) it ignores the role of government in regulating prices.
  E) no single theory can explain all price-setting.

Question 2

A merger between a firm extracting petroleum and a firm refining petroleum is a
 
  A) conglomerate merger.
  B) diagonal merger.
  C) horizontal merger.
  D) vertical merger.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandanbreshears

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


2125004343

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Excellent

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

A model for priority setting A model for priority setting
Business Letter Format and Example. Business Letter Format and Example.
Business Math Business Math
Business Mathematics in Canada, 11e (Jerome, Worswick) Business Mathematics in Canada, 11e (Jerome, Worswick)
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
The James-Lange Theory of Emotion The James-Lange Theory of Emotion
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library