When There Is Price Competition,many Companies Adopt ________ Rather Than

question 67

Multiple Choice

When there is price competition,many companies adopt ________ rather than cutting prices to match competitors.

• A)pricing power
• B)value-added pricing strategies
• C)fixed costs
• D)price elasticity
• E)image pricing

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Definitions:

Escherichia Coli

A common bacterium found in the intestines of animals and humans; some strains can cause food poisoning or other illnesses.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, which determine the physical and biochemical traits of organisms.

Strains

Genetic variants or subtypes of microorganisms, cells, or viruses.

Stable Ecotype Model

A concept in ecology that suggests certain ecotypes or genetically distinct populations within a species remain stable over time due to specific adaptations to their niche.