Author Question: According to the book, the most important strategy to a firm is its A) pricing strategy. B) new ... (Read 114 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?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

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.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library