Who Was Geronimo

question 38

Multiple Choice

Who was Geronimo?

• A) A Sioux warrior and chieftain who regularly defeated the U.S.army on the Great Plains
• B) The Nez Percé leader who said,"I will fight no more forever."
• C) A Cheyenne warrior and chieftain who led pitched battles against both Mexican and U.S.armies
• D) An Apache warrior and chieftain who led raiding parties and burned ranches on both sides of the Mexican border

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Definitions:

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, and easy entry and exit from the market.

Nonprice Competition

A marketing strategy where companies attract customers through methods other than price, such as quality of product, service, or brand image.

Pure Competition

A market condition characterized by a large number of small firms, identical products, and free entry and exit, leading to price-taking behavior.

Product Differentiation

A marketing strategy that businesses use to distinguish their products from similar offerings on the market.