Author Question: According to the book, the most important strategy to a firm is its A) pricing strategy. B) new ... (Read 112 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?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library