Companies can legitimately charge a higher price if ________
A) consumers perceive that the company's product offers greater value
B) the demand for products manufactured by a firm is highly elastic
C) the cost of advertising is minimal
D) derived demand remains constant
E) consumers de-emphasize quality
A
Business
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Which of the following is not true about a hydraulic elevator system?
a. the car is mounted on a giant piston b. counterweights help the elevator move up and down c. oil pumped into a cylinder raises the elevator d. it can only be used in a building of six stories or less
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Licensees can become direct competitors to licensors
Indicate whether the statement is true or false
Business