« previous next »

Author Question: Peter's Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. Assuming ... (Read 488 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jul 1, 2018
Peter's Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. Assuming that the pizza and the wings are complements, which of these strategies can it employ?
 a. Increase the price of the wings
  b. Decrease the price of the wings
  c. Increase the quality of the pizza
  d. Both B & C

Question 2

You expect one-third of your customers to be high value, willing to pay 9 for your product, and the other two-thirds to be low value customers willing to pay only 3 . You cannot tell them apart. If the product costs 3, and you charge 9, what is your expected profit?
 a. 1
  b. 2
  c. 3
  d. 4


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive, A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive,
Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Vincent van Gogh, Letter to John Peter Russell. Vincent van Gogh, Letter to John Peter Russell.
On Eagle's Wings On Eagle's Wings
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Sweet chicken wings Sweet chicken wings
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library