Several factors can create intense rivalry among firms. These factors include all of the following factors except:
A) firms focus on market share at the expense of others.
B) firms feel pressure due to fixed costs and produce at full capacity.
C) lack of differentiation in products and services.
D) upward pressure on prices and profitability.
E) absence of switching costs for customers.
D
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Which of the following is true about generic brands?
A) They are more popular today than ever before. B) They were first developed during the last period of economic prosperity in the United States. C) They were designed to appeal to the price-conscious consumer. D) They attract approximately 25 percent of all dollars spent in U.S. supermarkets. E) They are manufacturer brands.
Under one type of Medicare Advantage Plan, members of the plan can see any doctor or health services provider that accepts Medicare patients
If members receive care outside the network of member physicians and care facilities, they must pay higher out-of-pocket costs. This type of Medicare Advantage Plan is a A) Medicare HMO. B) Medicare PPO. C) Medicare Special Needs Plan. D) Medicare Private Fee-for-Service Plan.