Determine the optimal number of B-type steel sheets produced. (Hint: Use Solver)

Which of the following is true of products in the introduction stage of their life cycle?

a. Their prices will rise dramatically as they move into the specialty goods category. b. They experience price increases that are cost initiated. c. Their prices are usually set high. d. They experience an elastic demand in the core of the market.

Gray markets impose several costs or consequences on global marketers, which does not include:

A) damage to channel relationships. B) dilution of exclusivity. C) free riding D) reputation and legal liability. E) increase product demand