Author Question: More and more firms use ____ to determine prices A) market research. B) competitive comparisons. ... (Read 47 times)

xroflmao · **on:** Jun 30, 2018

More and more firms use ____ to determine prices
A) market research.
B) competitive comparisons.
C) internet auctions.
D) games.

Question 2

According to theory, where is the right price determined?
A) where average cost equals marginal cost.
B) where marginal revenue equals marginal cost.
C) where total revenue equals total cost.
D) where there is a markup of 300 percent.