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
C
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When individuals use their home computers to buy and sell stock that is not listed on a securities exchange, they are participating in the ______ , which has existed since long before home computers were invented.
Fill in the blank(s) with the appropriate word(s).
Why is the replacement cost appraisal approach generally easier to apply to a new property than an old property?
a. Historic costs are hard to obtain and verify for older properties. b. It is difficult to value the land on which the property is situated. c. Depreciation is more difficult to estimate on an older property. d. Different building codes may have been in effect when an older property was built.