What do economists mean by pricing-to-market?
What will be an ideal response?
Pricing-to-market means that a producer charges different prices in different markets for the same good. Clearly, this requires the markets to be segmented to prevent arbitrage in the goods market, and the producer must have some degree of monopoly power in the sense that the demand curve that it faces in each of the markets is not perfectly elastic.
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Liquidated damages are awarded only if actual damages are precisely determined
Indicate whether the statement is true or false
Identify the prepositional phrase or prepositional phrases in the sentence. The bike path runs along the river for 30 miles
As a promotion mix element, public relations refers to
A. advertising focused on promoting the company's image with its customers. B. nonpersonal promotional communication about a firm's goods and services. C. communication focused on promoting positive relations between a firm and its stakeholders. D. a set of nonpersonal communication tools designed to stimulate more frequent purchases of a product. E. the two-way flow of personal communication between the firm and its customers.
As originally drafted, the U.S. Constitution consisted of:
a. seven articles. b. seven articles and the bill of rights. c. only a preamble. d. seven articles and twenty-seven amendments.