Which of the following pricing policies best identifies when a product should be expanded, maintained, or discontinued?
a. full-cost pricing policy
b. target-pricing policy
c. marginal-pricing policy
d. market-share pricing policy
e. markup pricing policy
c
Economics
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One explanation for the downward slope of the aggregate demand curve is that when the price level increase, which of the following will decrease?
A) Real value of assets B) Price of foreign goods C) Prices of substitute goods D) Expectations of future prices E) Government deficits
Economics
In the circular flow model of the market system, business firms:
A. Buy products and resources B. Sell products and resources C. Buy products and sell resources D. Sell products and buy resources
Economics