According to the menu cost the firms would be slow to changing prices because .the cost of changing the price might exceed the additional profit the price change would generate.
<h3>What is the menu cost theory?</h3>
This is the theory in the field of economics that helps to ensure the reflection of the effect of the change in price to an establishment.
According to this theory, the the cost of changing the price might exceed the additional profit the price change would generate.
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Answer:
The correct answer is the option B: False.
Explanation:
To begin with, if Phoebe would have openness to experience she would have known that all those characteristics that she does not possess in her personality are essential and quite critical to have in order to be a good manager of an organization and also in order to have openness to experience due to the fact that only the experience will tell that without all those a manager will eventually fail with no doubt. Therefore that she does not possess openness to experience because of the fact that she is conventional and resistant to change.
Answer: Pulsing
Explanation:
Pulsing could be described as combining flighting and continous schedule by using low advertising all year round and involving heavy advertising during peak periods.
This is noticed when a baseline of advertising is Increased during certain periods.
Answer: A. The answer cannot be ascertained without additional information.
Explanation:
There are different reasons that could explain why the price of the HP Printers would reduce abroad but not in this country. HP could be producing computers abroad for instance and this country charges import duties when HP imports but import duties are not charged abroad.
There also could be a difference in currency value and standard of living influencing how HP prices its goods abroad as well as other factors. More details would therefore be needed to answer this question.