Ascot Tires has decided to decrease its prices. The company can expect that ________ for their product will increase

A) cost-plus pricing
B) value-based pricing
C) demand
D) the experience curve
E) competition


C

Business

You might also like to view...

Under Article 2 of the Uniform Commercial Code, which of the following statements illustrates a merchant?

A. Charles, a chef, sells his car to his neighbor. B. Annie, a teacher, contracts to sell her microwave and television to her friend, Iris. C. Nick, an electronic goods dealer, contracts to sell laptops to another firm. D. Theodora, a doctor, sells her phone to her friend.

Business

Of the following duties, it is most important to separate

a. warehouse from stores b. warehouse from inventory control c. accounts payable and accounts receivable d. purchasing and accounts receivable

Business

When a manager engages in a consensus decision-making process with his team, he intends to direct the process and retain ultimate authority over the decision made by the group

Indicate whether the statement is true or false.

Business

Confidential information is private or secret and should be released only to people who have a proven need to know

Indicate whether the statement is true or false

Business