Which of the following involves introducing less-expensive versions of established, brand name products?

A) markup pricing
B) good-value pricing
C) time-based pricing
D) cost-based pricing
E) target profit pricing

B

Business

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According to the historically important work of Alfred D. Chandler, when choosing an organization structure, managers should first

a. study what the competition is doing. b. be aware of the strategy. c. draw a hundred boxes to choose from. d. look for the least expensive structure.

Business

A local computer manufacturer hires an additional worker and pays $10.00 per hour for an

8-hour day. The worker is capable of assembling 3 computers an hour. The firm sells each computer for $1,500. What is the marginal physical product of this worker? A) $80.00 per day B) 3 computers per hour C) $1,500 per unit produced D) $10.00 per hour

Business