Cost-plus pricing a. is used only in oligopolistic market ...

[mynx]

Cost-plus pricing
 a. is used only in oligopolistic market structures
  b. simplifies pricing policy by adding a markup to average total cost
  c. in actual practice leads to markups which are greater for more elastic demand curves
  d. is likely to increase profits more than the use of marginal analysis
  e. requires the firm to project the amount which will be sold and then mark-up the price based on average variable cost

Question 2

Which of the following is not a typical goal of bureaucrats?
 a. increasing the size of their bureaus
  b. gaining prestige
  c. increasing the size of their staffs
  d. increasing their bureaus' budgets
  e. achieving greater efficiency

[scrocafella]

Answer to Question 1

E

Answer to Question 2

E

[mynx]

TYSM

[ryhom]

Thanks for the timely response, appreciate it