Social Studies, 12.12.2019 05:31, mack5628
Cellphones with unique new technology are usually released in the market at a high price since there is no immediate competition for the product. gradually, the prices are reduced to capture more customers and to compete with competitors who copy the new technology. this type of pricing strategy is known as a policy.
Answers: 3
Social Studies, 22.06.2019 22:20, jeanette7482
Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment. b. the allocation of resources between private markets and the public sector. c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t. d. differences in productivity. e. ones that think at the margin and respond to incentives and those that don’t.
Answers: 1
Cellphones with unique new technology are usually released in the market at a high price since there...
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