Refer to Table 14-8. If Brawny Juice selects a high price, what is Power Fuel's best strategy and what will Power Fuel earn as a result of this strategy?

When prices of new houses rise significantly faster than rent prices, this is evidence of a:

A) debt-deflation process B) bubble C) financial crisis D) sovereign debt crisis

Suppose you were a consultant to General Motors and were concerned with the fact that although demand is great today, GM may do poorly in the future because competition from foreign producers is growing and there is no indication it will stop. What would be a wise strategy now for you to address this concern? Advise GM that it should

a. seek a conglomerate merger with some other firm or group of firms b. build larger plant capacity to increase your market share c. create more brands (car models) in order to price discriminate d. cut price to establish brand loyalty e. seek a vertical merger with some other firm or group of firms