In a multi-product firm, cannibalization is
a. An increase in the quality of both the brand's products
b. A decrease in the quality of both the brands products
c. An increase in both the brand's sales
d. An increase in one of the brand's sales due to the decrease in sales of the other.
d
Economics
You might also like to view...
Accounting profits are
A) total revenue minus explicit costs. B) total revenue minus implicit costs. C) total revenue minus explicit and implicit costs. D) total revenue minus normal costs.
Economics
If the Federal Reserve wants to increase the availability of money and credit, it can:
a. lower the discount rate. b. raise the reserve requirements. c. sell U.S. government bonds to the public. d. encourage banks to increase their prime lending rate.
Economics