Which of the Following Is Not a Factor That Increases

question 45

Multiple Choice

Which of the following is not a factor that increases short-run price stickiness?

• A)Consumers tend to prefer stable prices.
• B)Stable prices make it easier for consumers to plan their spending.
• C)A firm can lower its price without fear that rival firms will also lower their prices.
• D)Firms try to avoid price wars.

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Definitions:

Stress

A physical or emotional response to demands or pressures, which can come from various sources and can affect mental and physical health.

Codependence

A behavioral condition in a relationship where one person enables another's addiction, poor mental health, irresponsibility, or underachievement.

Bonds

Connections or ties that hold people together, such as family bonds, or financial instruments issued by corporations or governments.

Optimum

The most favorable conditions or level for growth, development, or efficiency.