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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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