In markets that are characterized by products that are highly homogeneous, how should a firm react to a competitor's reduction in price?
A) shrink the amount of the product available
B) substitute expensive materials or ingredients
C) reduce product features
D) reduce product services
E) augment the product
E
Business
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A valid limited partnership
A. Cannot be treated as an "association" for federal income tax purposes. B. May have an unlimited number of partners. C. Is exempt from all Securities and Exchange Commission regulations. D. Must designate in its certificate the name, address, and capital contribution of each general partner and each limited partner.
Business
Course of performance is the conduct of the parties in prior transactions and contracts
Indicate whether the statement is true or false
Business