Unions and intersections of events are examples of compound events

Companies that adopt value-added pricing ________

A) consider value-added features as a fitting substitute for aggressive cost cutting B) set incredibly low prices to meet competition C) attach value-added features and services to differentiate their offers and support their higher prices D) overprice their products without any apparent justification E) underprice their products and lower quality to boost demand in the short-run

The bullwhip effect can occur when orders decrease as well as when they increase

Indicate whether the statement is true or false