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Contact [7]
3 years ago
10

occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in o

rder to avoid giving the low-price seller a distinct advantage. Cost-plus pricing Price signaling Value pricing Price lining Price standardization
Business
1 answer:
Vera_Pavlovna [14]3 years ago
8 0

Answer:

The answer would be PRICE SIGNALING

Explanation:

Price signaling may occur when consumers have  imperfect information about product quality. To infer quality, consumers may rely on previous experience or may use some of the product’s observable characteristics, such as  the product’s price. We examine the scenario whereby the firm can endogenously change  consumers’ beliefs about the product’s quality by altering both the price and quality of its product. Our main findings are that, in this type of setting, price signaling causes  the firm to raise its price, lower its quality, and dampen the degree to which it responds to cost shocks. If the cost of adjusting quality is sufficiently high, the dampening effect  is pronounced in the downward direction, meaning that price signaling  causes prices to  respond less to cost decreases than cost increases.

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Companies that use a two-tier forecasting system first cluster (or "roll up") several similar services or products in a process
Lera25 [3.4K]

Answer:

The answer is D) aggregation

Explanation:

An aggregate forecast addresses a company's capacity requirements

5 0
2 years ago
Which of the following theories argues that organizations try to minimize their reliance on other organizations for the supply o
aleksklad [387]

Answer: The answer is C.

Explanation: The Resource dependence theory is based on the principle that organizations, must engage in transactions with other organizations in their environment in order to acquire the resources needed for their daily operations.

Although such transactions may be advantageous, they may also create dependencies that are not, and so organization A may want to rely less on organization B, in their quest to influence the environment to make resources available.

This theory actually originated in the 1970s with the publication of The External Control of Organizations: A Resource Dependence Perspective by Jeffrey Pfeffer and Gerald R. Salancik.

The theory is based on the idea that resources are vital for organisational success and that access and control over resources forms the basis of power.

4 0
2 years ago
Read 2 more answers
"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night is what type of consideration?"
zimovet [89]
Statement: <span>"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night

</span>The type of consideration: <span>A benefit to the promisor

Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.</span>
6 0
3 years ago
Although monopolies are not allowed in the United States, the government does understand that in certain situations it doesn't
PtichkaEL [24]
False is the correct answer
3 0
2 years ago
A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t
n200080 [17]

Answer:

He will sell 600 pizzas per week if he cuts the price by 10%.

Explanation:

Price Elasticity of demand measure the responsiveness of demand to change in the price of a product. It calculates the ratio of change in demand and change in price.

Price elasticity of demand = % change in demand / % change in price

-2 = % change in demand / 10%

% Change in in demand = -2 x 10%

% Change in in demand = -20%

Following the law of demand as price decreases the demand of the product increases. So the sale of Pizzas will be increased by 20%.

Current Sale of Pizzas = 500 pizzas

Increase in sales  = 500 x 20% = 100 pizzas

Increased sale = 500 + 100 = 600 pizzas

7 0
3 years ago
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