The experience curve suggests that cutting prices is a good strategy if it can induce greater demand and thereby help a firm travel down the experience curve faster.
A. if it can induce greater demand and thereby help a firm travel down the experience curve faster.
<u>Explanation:</u>
The experience curve is a graphical representation expressing the relationship between the experience in producing a product and efficiency of production.
The concept of experience curve was first developed by Bruce D. The experience curve depicts that increase in experience of production of the product can cause reduction in price of production of the product. The price reduction of the good can cause increase in demand.
Gaining the experience in the business can help in increasing the advantage over the competition.
Answer:
Political Power, insistence on civil rights, and higher education of black youth.
Explanation:
The correct answer is Forfeiture.
Forfeiture is the forced relinquishment of money and of properties without any reimbursement. It is also the result of doing acts which are illegal, malfeasance or non-feasance. The RICO Act is also known as the Racketeer Influenced and Corrupt Organizations Act.
Joan d'Arc died on 30th May 1431 in an execution by burning. She was tied to a pillar and then a fire was set on it. However, she probably died of asphyxiation before the fire reached her, this was usual in executions by burning.
Answer: Napoléon Bonaparte was a French military and political leader who rose to prominence during the French Revolution and led several successful campaigns during the Revolutionary Wars. He was the de facto leader of the French Republic as First Consul from 1799 to 1804.
