Tuesday, March 12, 2019
Pricing policies Essay
1. In making promises that are not guaranteed by third roleies and in imposing penalties that are not enforced by third parties, in in all of the interest are credibility-enhancing mechanisms move out2. Essential components of a game entangle all of the following except3. A key to analyzing subgame perfect residuum st browsegy in sequential games is 4. When airlines post outlays on an electronic bare board at 800 a.m. each morning, the decision-makers are engaged in5. Credible promises and hostage mechanisms can support a continuous current of cooperative ex potpourris except when6. Firms that have a cover photograph for their customers and charge for each item they purchase as well are exhibiting7. The segmenting of customers into several(prenominal) small groups such as household, institutional, commercial, and industrial users, and establishing a different rate schedule for each group is known as8. Vacation tours to atomic number 63 invariably package visits to disparat e regions cities, mountains, and the seaside. Bundling, a type of second peak price discrimination, is most profitable when9. Which of the following pricing policies best identifies when a growth should be expanded, maintained, or discontinued?10. ____ is a new harvest-feast pricing strategy which numbers in a high initial product price. This price is reduced over time as demand at the higher price is satisfied.11. Which of the following is not among the functions of contract?12. Mac trucks and their dealers would possible have an organizational form of13. Contracts are distinguished from tactical alliances by which of the following characteristics14. Which of the following are not approaches to resolving the principal-agent problem?15. When retail bicycle dealers advertise and perform warranty repairs but do not deliver the personal selling message that Schwinn has designed as part of the marketing plan but cannot observe at less than prohibitive cost, the manufacturer has enc ountered a problem of ____.16. ____ occurs whenever a third party receives or bears costs arising from an economic transaction in which the individual (or group) is not a direct participant.17. The antitrust laws regulate all of the following business decisions except ____.18. The sentiment for increased de order in the late 1970s and earliest 1980s has been felt most significantly in the price regulation of 19. The Herfindahl-Hirschman index (also shortened to just the Herfindahl index) is a measure of20. The lower the barriers to submission and exit, the more nearly a market structure fits the ____ market model.21. If the sufferance of Project A makes it impossible to accept Project B, these projects are22. Cost-benefit compend is the public sector counterpart to ____ used in private, profit-oriented inviolables.23. The weights used in calculating the firms weighted-average cost of capital are commensurate to the proportion of debt and equity ____.24. In order to help assure that all relevant factors allow for be considered, the capital-expenditure selection process should include the following steps except25. The social rate of discount is best approximated by1. Theoretically, in a long-run cost function2. The degree of run leverage is equal to the ____ change in ____ divided by the ____ change in ____.3. Which of the following is not an assumption of the linear breakeven model4. In the linear breakeven model, the breakeven sales volume (in dollars) can be found by multiplying the breakeven sales volume (in units) by5. In the linear breakeven model, the difference mingled with selling price per unit and variable cost per unit is referred to as6. The short-run cost function is7. The problems of asymmetric information exchange organise ultimately because8. A firm in pure competition would fill up down when9. An experience good is one that10. In the purely warlike case, marginal revenue (MR) is equal to11. If price exceeds average costs on a lower floor pure competition, ____ firms will enter the exertion, supply will ____, and price will be driven ____.12. Buyers anticipate that the temporary warehouse seller of unbranded computer equipment will13. What is the profit maximization point for a firm in a purely competitive environment?14. The practice by telephone companies of charging lower long-distance rates at night than during the sidereal day is an example of15. The demand curve facing the firm in ____ is the homogeneous as the industry demand curve.16. Declining cost industries17. Of the following, which is not an economic precept for public utility regulation?18. When the cross elasticity of demand amongst one product and all other products is low, one is generally referring to a(n) ____ situation.19. restrictive agencies engage in all of the following activities except _______.20. Barometric price leadership exists when21. A cartel is a situation where firms in the industry22. The existence of a kinked demand cu rve under oligopoly conditions may result in23. Some industries that have rigid prices. In those industries, we tend to24. If a cartel seeks to maximize profits, the market share (or quota) for each firm should be set at a level such that the ____ of all firms is identical.25. A(n) ____ is characterized by a relatively small number of firms producing a product.
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