Answer the following statement(s) true (T) or false (F)
1. Rent and equipment costs are considered fixed costs in break even analysis.
2. The two pioneer pricing strategies are price skimming and competition-oriented pricing.
3. A firm will utilize a penetration pricing strategy during the introduction stage of the product life cycle.
4. The purposes of odd-even pricing strategies are the same.
5. The basic objective of all promotion is informing the customer.
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. TRUE
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____ is a compiler directive.
A. Autonomous B. Pragma C. Subprogram D. EXCEPTION
Strict performance by a party discharges that party's duties under the contract
Indicate whether the statement is true or false
Offering a promotion during a peak period that has significant forward buying creates even more variable demand than before the promotion
Indicate whether the statement is true or false.
Abner tells a representative of Brass & Woodwind Musical Instruments, Inc, that he will pay for Claudia's trumpet if she does not. Abner does not secure any personal benefit for this promise. Abner's oralpromise is enforceable as a contract by
a. Brass & Woodwind Musical Instruments, Inc. b. Claudia. c. Abner. d. none of the choices.