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 32 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
:D TYSM


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library