Author Question: According to the book, the most important strategy to a firm is its A) pricing strategy. B) new ... (Read 119 times)

abc

  • Hero Member
  • *****
  • Posts: 543
According to the book, the most important strategy to a firm is its
 A) pricing strategy.
  B) new product strategy.
  C) cost control procedures.
  D) all of these choices were reported to be equally important.

Question 2

The Pricing Chips suggests that consumers choose between substitutes based on
 A) comparative advantages.
  B) absolute prices.
  C) absolute opportunity costs.
  D) relative prices.



parker125

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

For a complete list of videos, visit our video library