This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Promotion is one dimension to competition. It represents a. The designing of a firm's product b. ... (Read 98 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jul 1, 2018
Promotion is one dimension to competition. It represents
 a. The designing of a firm's product
  b. Firm's product distribution decisions
  c. Any expenditure that assist in increasing the demand for a firm's product
  d. None of the above

Question 2

Long distance telephone service has become a competitive market. The average cost per call is 0.05 a minute, and it's declining. The likely reason for the declining price for long distance service is:
 a. Governmental pressure to lower the price
  b. Reduced demand for long distance service
  c. Entry into this industry pushes prices down
  d. Lower price for a barrel of crude oil
  e. Increased cost of providing long distance service


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


penza

  • Member
  • Posts: 1,022
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

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?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007). The human eye, a product of 600 million years of evolution (Lamb, Collin, & Pugh, 2007).
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Biking competition in the park Biking competition in the park
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library