It May Be Necessary to Follow a Competitor's Price Rise

question 85

Multiple Choice

It may be necessary to follow a competitor's price rise when there is(are) _______.

• A)falling costs
• B)excess demand
• C)excess supply
• D)price insensitive customers

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Definitions:

Benign

Nonmalignant characteristic of a neoplasm; not infectious or spreading.

Trichomonal Vulvovaginitis

An infection of the vagina and vulva caused by the protozoan parasite Trichomonas vaginalis.

Hutchinson's Teeth

A term referring to a specific dental abnormality characterized by notched, peg-shaped teeth, often associated with congenital syphilis.

Fetus

A developing mammal or human after the embryonic stage and before birth.