Answer:
Status quo.
Explanation:
Status quo pricing strategy duplicates the value levels of its rivals or keeps up the present value levels of comparative items or services in the market. Status quo is characterized as the manner in which things seem to be, rather than the manner in which they could be.
Answer:
B = Age and life cycle stage but not too sure
Answer:
D. The gold coins are a commodity money because even though they were issued by a foreign government, the gold has intrinsic value
Explanation:
Commodity money is money that has intrinsic value. Its value can be derived from the material from which it is made. E.g. gold, salt, silver
Fiat money is money that has no intrinsic value but the government establishes it as money.
I hope my answer helps you
Answer:
c. What is the impact of foreign competition on the U.S. auto industry?
Explanation:
Economic theory is divided into two broad areas: macroeconomics and microeconomics.
Macroeconomics discusses large economic aggregates, such as income, inflation, and employment variations. It is an approach that aims to discuss these factors and bring about improvements through economic policies.
In turn, microeconomics deals with micro factors, such as the behavior of consumers and companies, including in relation to competitive structures. Therefore, item (D) deals with microeconomics and not macroeconomics.
