The key to success in the "prisoner's dilemma" game is to
c) trust one's partner.
Answer:
It may turn off it's current customer base and cause them to purchase a competitors ice cream.
Explanation:
Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.
Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.
Answer:
A. Price makers
B. Brand name
Explanation:
A. The hotels charge very high prices for wine and soft drinks because they are not price takers. They do not consider the price prevailing in the market for the products they are offering to the customers. They are price makers and select to charge the price they want to maintain their current hospitality. It their perception that wine and soft drinks are part of luxury. The food is an essential and people are not allowed to bring outside food in the hotel so they will buy it but when they will consume food they will also require the drinks as a part of their meal.
B. The people in today's world are so much brand conscious. They will pay for a name tag so they will be regarded for their high status in the society despite of low quality products. The ease of shopping at the branded stores is another reason for their high sales.
The major financial change between post ww2 borrowers and borrowers after 1970 was that there were plenty of jobs after World War 2 and the economy was growing at a large extent.
Most of the people believed that their income would not change even though there were plenty of jobs in the economy.
However they all have a constant income from the year 1945 to 1970.
So all the people continued to borrow more and more money by not attending or joining any post war job in the economy.
Banks were also willing to lend more and more money as they were on the way of high earning through more lending but they get closed.
So after the war people continued to increase their loans and debt ratio in the economy of lending due to which it became the period of great depression.
To know more about post war borrowing here:
brainly.com/question/2675965
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True caffeine and other energy boosters can be used to effectively compensate for fatigue.
