When a seller establishes a series of prices for a type of merchandise, it creates an odd-even pricing.
Answer the following statement true (T) or false (F)
False
When a seller establishes a series of prices for a type of merchandise, it creates a price line. Price lining is the practice of offering a product line with several items at specific price points. Wireless providers use price lining for cell phones that are purchased with a two-year contract. See 19-9b: Geographic Pricing.
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The total amount of interest calculated annually on a $7,000 promissory note payable for 3 years at 12% that is not compounded is
a. $ 280 b. $ 840 c. $ 2,520 d. $ 8,260
An analysis of alternative approaches to a project is in the ______.
a. conceptualization stage of a project b. planning stage of a project c. conclusion stage of a project d. growth stage of a project
In the classic case, Palsgraf v. Long Island Railroad (1928) discussed in the text, the court denied Mrs. Palsgraf's claim of negligence on the ground that her injuries were __________, therefore the railroad employee's actions were not __________ of her injuries
a. not foreseeable, proximate cause b. not foreseeable, actual cause c. the actual cause, representative d. not foreseeable, the intentional factor in the claim
A software firm is interested in acquiring an app development company that is small but highly profitable. The app developer also has a widely admired management structure and much lower attrition rates than are common in the industry. Which of these problems should the software firm anticipate?
A. Because most acquisitions are profitable, there is little to worry about in this scenario. B. A rival software firm may imitate this approach by acquiring a similar app developer. C. The software firm may overpay for the app developer, poorly serving the software firm's shareholders. D. The software firm may underpay for the app developer, cheating the app developer's shareholders of profit.