Which of the following is true of skim pricing?
A) Skim pricing is most profitably used in the decline stage of the product life-cycle.
B) Skim pricing is most useful to a business when there are many competitors in the market offering equivalent products.
C) Skim pricing is most effective when product differentiation is diminishing, potential customers are price sensitive, and many competitors or substitutes exist.
D) In skim pricing, a company tries to keep its costs as low as possible and to offer a low price that no competitor can beat.
E) Skim pricing is viable when a business has a sustainable differentiation advantage in a quality-sensitive market with few competitors.
E
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Which of the following statements is true of independent agencies?
A. They are a part of the executive branch of the government. B. They are given authority only to enforce rules made by the Congress. C. They are headed by a board or commission. D. They are headed by the president.
If assets are $410,000 and liabilities are $199,000, then equity equals:
A. $199,000. B. $1,019,000. C. $211,000. D. $609,000. E. $410,000.
Attitudes can be changed through experiences or education
Indicate whether the statement is true or false
3D printing supports procurement.
Answer the following statement true (T) or false (F)