Business
Business, 02.08.2019 18:30, nae9587

How can firms engage in non-price competition?

answer
Answers: 1
Show answers

Similar questions

Предмет
History, 09.07.2019 20:00, rosyjesus297
How might firms engage in price competition?
Answers: 1
continue
Предмет
Social Studies, 19.09.2019 04:20, babowmanjacob666
how can firms engage in non-price competition? a) price wars and new products b) highest quality and lowest price c) coupons and convenient locations d) price match guarantees and brand recognition
Answers: 3
continue
Предмет
Business, 26.09.2019 16:20, helpsos8028
While there is a degree of differentiation between major grocery chains like albertsons and kroger, the regular offering of sale prices by both firms for many of their products provides evidence that these firms engage in price competition. for markets where albertsons and kroger are the dominant grocers, this suggests that these two stores simultaneously announce one of two prices for a given product: a regular price or a sale price. suppose that when one firm announces the sale price and the other announces the regular price for a particular product, the firm announcing the sale price attracts 1,000 extra customers to earn a profit of $5,000, compared to the $3,000 earned by the firm announcing the regular price. when both firms announce the sale price, the two firms split the market equally (each getting an extra 500 customers) to earn profits of $2,000 each. when both firms announce the regular price, each company attracts only its 1,500 loyal customers and the firms each earn $4,500 in profits. if you were in charge of pricing at one of these firms, would you have a clear-cut pricing strategy? if so, explain why. if not, explain why not and propose a mechanism that might solve your dilemma. (hint: unlike walmart, neither of these two firms guarantees "everyday low prices.")
Answers: 1
continue
Do you know the correct answer?
How can firms engage in non-price competition?...

Questions in other subjects:

Konu
English, 04.12.2020 22:30
A rhetorical appeal to logic in an advertisement: A. sells a product by trying to make us feel as superior as the people in the ad. B. makes a series of statements to...
Konu
Spanish, 04.12.2020 22:30
El profesor contesta . Group of answer choices la caja el examen las notas la pregunta...
Konu
History, 04.12.2020 22:30
The Mongols invaded Korea, known as Goryeo at the time, on several occasions between the years of 1231 and 1270. Which statement is true of those invasions? A. The Mongols...
Konu
Biology, 04.12.2020 22:30
Why haven’t you taken your birth control/anti-depressants yet today?...
Konu
English, 04.12.2020 22:30
Which two lines in the poem help the reader determine the theme? A Life on the Ocean Waveby Epes SargentA life on the ocean wave,A home on the rolling deep...
Konu
Mathematics, 04.12.2020 22:30
A company gives each new salesperson a commission of $300 for the sale of a new car. The salesperson will receive a $100 increase for each addition car the person sells that week,...
Konu
Mathematics, 04.12.2020 22:30
Find the solution of this system of equations. Separate the x- and y-values with a comma. X – 10y = 2 x - y = 2 enter the correct answer...
Konu
Biology, 04.12.2020 22:30
It's becoming more common for GMOs to have genes know as (blank) that make the GMOs increasingly more resistant to crop failure....
Konu
Social Studies, 04.12.2020 22:30
A team of geologists learned from GPS data that two continents that have an ocean between them are moving toward each other. Diego’s little brother hears this and cannot believe th...
Konu
Mathematics, 04.12.2020 22:30
PLEASE HELP!! DUE TONIGHT! ...
Other tasks in the category: Business More task
See results (0)