At a busy intersection in Atlanta, there are four competing gas stations. Each of the stations charges about the same for each gallon of gasoline. The pricing objectives of these firms is
A. survival.
B. market-share goals.
C. status-quo pricing.
D. profit maximization.
E. competitive.
Answer: C
Business
You might also like to view...
Identify the adjectives in the sentence. During the trip, passengers saw graceful dolphins and migratory whales
Business
Which of the following is likely to be a fixed cost?
A. Direct labor B. Materials C. Commissions D. Depreciation
Business
For individual debtors, the plan in a reorganization case must be completed before discharge will be granted
a. True b. False Indicate whether the statement is true or false
Business
In addition to contributions from owners, firms can also raise long-term funds by:
A. issuing bonds. B. using factors. C. issuing commercial paper. D. spontaneous financing.
Business