Which of the Following Is True of Price Changes

question 69

Multiple Choice

Which of the following is true of price changes?

• A) Overdemand leads to companies initiating price cuts.
• B) Changes in price do not affect a brand's image.
• C) Customer reaction to price changes is not as important as competitor reaction.
• D) A drop in price can adversely affect how consumers view the brand.
• E) Excess capacity is a factor which causes increases in price.

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Definitions:

Alkene

A hydrocarbon that contains at least one carbon-carbon double bond, characterized by the general formula CnH2n and playing a vital role in organic synthesis.

Dimethyl Sulfide

A sulfur-containing organic compound with the formula (CH3)2S, known for its distinctive smell.

Methyl Acrylate

An organic compound used as a monomer in the production of polyacrylic fibers and resins.

Anionic Polymerization

A type of chain-growth polymerization where the active center of the polymer is a negatively charged ion or anion.