The general rule to increase profits when two close complementary brands are jointly owned is

The general rule to increase profits when two close complementary brands are jointly owned is
a. Increase prices for both brands
b. Decrease prices for both brands
c. Increase prices on one brand, decreasing it for the other
d. Increase prices on one brand, keeping the prices of the second brand constant

QUESTION 2

Wealthy professors are more likely to shop at high end stores with shorter wait times at the cashier than poor students because
a. They value the item more than the student
b. They like wasting money
c. The opportunity cost of waiting in a cashier line is higher for professors than for undergraduate students
d. They like to show off

QUESTION 3

Upon acquiring a complement the inter-relatedness of demand leads to, MR________
a. Rising
b. Falling
c. Staying constant
d. None of the above

QUESTION 4

A car dealership union negotiates a contract that dramatically increases all salesmen's salaries. If one of the salesman is thinking of changing careers to be a hardware salesman, his opportunity cost
a. would not be affected
b. of becoming a hardware salesman would decrease
c. of becoming a hardware salesman would increase
d. none of the above

QUESTION 5

For jointly owned substitute products, cannibalization leads to MR______MC
a. Being higher than
b. Being lower than
c. Equaling
d. None of the above

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.

The general rule to increase profits when two close complementary brands are jointly owned is

Related Topics