Which of the Following Conditions Would Intensify Price Competition

question 27

Multiple Choice

Which of the following conditions would intensify price competition?

• A)Personal relationships matter to customers
• B)There is increased surplus capacity in the industry
• C)Customers want to use services at specific times and locations
• D)Saving time and effort are more important to customers
• E)Switching costs are high

---

Definitions:

No-Par

No-par refers to shares of stock issued without a par value, which means the stock's face value is not set and is determined by the market.

Sub-Par

A term indicating something is below an expected level of quality, performance, or standard.

Directors And Officers

Individuals appointed or elected to oversee and manage a corporation or organization and make strategic decisions.

Criminal Behavior

Actions that violate laws and are punishable by the government, including felonies and misdemeanors.