Answer:
Whether the demand for their product is elastic or inelsatic AND whether they have close competitors
Explanation:
*DEMAND ELASTIC OR INELASTIC*
If the product A&B is selling has close substitutes, the product is likely to be more elastic. This means that even a slight rise in price will shift consumers to the substitutes ( competitor's product) which have lower prices. Moreover if the product takes a larger proportion of people's income, and is a luxury, the price is likey to be elastic. However if the product is inelastic ( the product doesn't have close substitutes), an increase in price will not cause much fall in sales, resulting in the prevention of losses in revenue. By using this knowledge A&B can determine whether or not they can use price skimming or promotional pricing.
*CLOSE COMPETITORS*
If the product that A&B is selling has close competitors, raising the price greater than competitor's prices will result in losses of A&B and it will loose customers to rival businesses. A&B can also decide by observing the quality of rival's products and examine whether they should further increase the quality and set higher prices for their product to create a 'higher quality image'.
Through these observations A&B can decide if competitive pricing or penetration pricing will be suitable for it or not.
Answer:
True
Explanation:
The women become priestesses in a school, where they learned to weave an decorate costumes.
When an employee organization is formed to represent workers in employee-management bargaining, they are called a <u>Union</u>.
<h3>What is a Union?</h3>
This refers to an organization that is founded for workers to be able to collectively bargain with management over issues that affect them at work.
The union would therefore act as a representative for the workers when important job issues need to be discussed.
Find out more on Unions at brainly.com/question/14061931.
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Answer would Be C$305 billion let me know if I was right