Why Do Price-Sensitive Buyers Tend to Harm Cooperative Pricing in a Market

question 29

Multiple Choice

Why do price-sensitive buyers tend to harm cooperative pricing in a market?

• A)They cause an increase in detection lags because competitor prices become more difficult to monitor
• B)There is a resultant decrease in the frequency of interaction between competitors
• C)There is an increase in the probability of misreads
• D)The is an increase in temptation to cut price,even if competitors are expected to match
• E)There is an increase in detection lags because prices of competitors are more difficult to monitor

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Definitions:

Forebrain

The anterior part of the brain, including the cerebral hemispheres, the thalamus, and the hypothalamus, responsible for complex behaviors, thought, and emotion.

Action Potential

A temporary reversal of the electrical polarization of the membrane of a nerve cell or muscle cell, allowing for the transmission of signals.

Axon

A long, slender projection of a nerve cell, or neuron, that conducts electrical impulses away from the neuron's cell body.

Central Nervous System

The major part of the nervous system consisting of the brain and spinal cord, which integrates and processes nervous information.