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A for e2020 students
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∙ 12y ago
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Which term is used to describe the offering of equal or better quality products or services at a lesser price than your competitors?
Predatory pricing is what you call a pricing strategy where you offer the same products and services for a lesser price than your competitors.
What is price leadership by low cost firm?
Price leadership by low cost firm is what results when a firm determines the prices of services and goods within its sector.
What products and services are provided by Lennar Corporation?
There are a number of different products and services that are provided by the Lennar Corporation. They are primarily a house-building company, with houses that range in price and size, from start-ups to retirement homes. They are also a financial services company, helping to finance the purchase of one's new home.
What is price paid to a broker for services?
commission
What generates a demand for goods and services?
PRICE
For most products and services an increase in price results in?
e2020 answer is B
What happens if price of petrolium products increased?
what happens if petrolium price is hike
Which term is used to describe the offering of equal or better quality products or services at a lesser price than your competitors?
Predatory pricing is what you call a pricing strategy where you offer the same products and services for a lesser price than your competitors.
What best describes hyperinflation?
The massive inflation of the cost of products. For example, in Germany, the price of eggs drastically increased due to the printing of money by the government.
Where can I buy the best electric shaver?
Well, I would recommend purchasing electric shaver products manufactured by Braun because they offer a variety of products and services. They also offer their products and services for an incredibly reasonable price.
What is a rationing devices?
it is when the price mechanism allocate products or services to people who willing to pay the most.
Why does Mr. Tire claim they are "No Hassle"?
Well, Mr. Tire provides a variety of services and products towards their customers. They also offer their services and products for a great price without any questioning.
What might a producer do while considering lost production that results from a trip to the market?
Increase the price of the products
What increase aggregate demand?
Anything -other than the desired (product/service)'s price- that would change the demand for a product/service would increase aggregate demand. Some examples may be: increased incomes, increased population, increased price of substitute products, etc..
What is price leadership by low cost firm?
Price leadership by low cost firm is what results when a firm determines the prices of services and goods within its sector.
Disadvantages of price mechanism?
Price mechanism is the system where supply and demand are what determines prices of products or services. Unemployment, inflation, and uneven distribution of resources are disadvantages of price mechanism.
What would increase aggregate demand?
Anything -other than the desired (product/service)'s price- that would change the demand for a product/service would increase aggregate demand. Some examples may be: increased incomes, increased population, increased price of substitute products, etc..
