If the simulation begins with the second random number, the simulated value for demand would be:

A) 1
B) 2
C) 3
D) 4

Answer: C

Business

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Multichannel conflicts are common when the members of one channel obtain a lower price based on larger-volume purchases

Indicate whether the statement is true or false

Business

By using ________, a company deliberately sets a low price with the intention of driving its competition out of business

A) price-fixing B) price lining C) surge pricing D) predatory pricing E) loss leader pricing

Business