Firms that are always reacting to competitors' price changes run the risk of pricing higher than might really be necessary

Indicate whether the statement is true or false

False

Business

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When a participating respondent does not answer a specific question, this is known as:

A) refusal B) break-off C) item omission D) perplexing situation E) desertion

Business

Distribution channel members selling goods, generally in large quantities, to other distribution

channel members who in turn sell goods directly to the consumer, are called ________. A) manufacturer's representatives B) jobbers C) retailers D) wholesalers

Business