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 73 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
Great answer, keep it coming :)


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

For a complete list of videos, visit our video library