Pricing will be as per the demand and cost conditions. The producers have the freedom to charge their prices . However, prices tend to be more or less the same
Decisions, taken into action.
The most important factor to consider when setting your pricing structure is the perceived value of your product or service to the customer. Understanding how your offering meets customer needs and how it compares to competitors can help determine an appropriate price point. Additionally, factors such as production costs, market demand, and target audience willingness to pay should also be taken into account. Balancing these elements ensures that your pricing is both competitive and profitable.
by selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller
Decisions are not taken, they are made. Financial managers obviously make decisions about MONEY. Where to spend it and how much and why. Business owners are typically the financial manager of a company simply because they want to make money.
Dependent personality disorder is characterized by an excessive need to be taken care of and difficulty in making decisions
1807
total cost
Metals taken as micronutrients, in the body are dissolved in water; it is not a chemical reaction.
bakwass question
In a dictatorship most decisions are still taken by ordinary people. Even decisions involving the use of large expenditures of resources can still be taken by individuals who have been nominated by the dictator. Furthermore, the dictator is usually influenced in decision making by individuals with whom they are closely associated. However, ultimately decisions about large investments are directions are taken by the dictator.
Induced strategic behavior refers to actions taken by firms in response to the competitive environment or regulatory incentives. For instance, a company might engage in price wars to gain market share when it anticipates aggressive pricing from competitors. Similarly, firms may invest in lobbying efforts to influence regulations that favor their business model, or they might engage in strategic alliances to enhance their market position. These behaviors are often shaped by the expectations of competitors' responses and the broader regulatory landscape.
By selling oil cheaper than his competitors, forcing his competitors to go out of business or to be taken over by Rockefeller. He also gave kickbacks to the railroads to give his oil shipments preferential treatment.