This topic contains a solution. Click here to go to the answer

Author Question: More and more firms use ____ to determine prices A) market research. B) competitive comparisons. ... (Read 70 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

perkiness

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

C

Answer to Question 2

B




xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Excellent

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library