Extraverts are less likely to emerge as leaders in task-related groups when compared to introverts

Which of the following statements is true regarding the first-degree of price discrimination?

A) It is changing the price of a product due to inflation. B) It occurs when competitors charge different prices for similar products in the same market segment. C) It involves charging different prices to segments of the market according to their price elasticity or sensitivity. D) It refers to the strategy of charging a higher price for a product at the time of introduction and then gradually decreasing its price.

Appliances Galore is continually updating its line of refrigerators to reflect market trends and customer needs

Although the product class is in the maturity stage of the product life cycle, they maintain healthy sales of their line of refrigerators by continually ________. A) concept testing B) modifying the marketing mix C) rebranding D) modifying the product E) modifying the market