For Long-Run Pricing Decisions, Using Stable Prices Has the Advantage

question 39

Multiple Choice

For long-run pricing decisions, using stable prices has the advantage of

• A)helping build buyer-seller relationships.
• B)reducing the need to change cost structures frequently.
• C)reducing competition.
• D)minimizing the need to monitor competitors prices frequently.
• E)increasing margins.

---

Definitions:

Emergency

An unexpected occurrence or situation demanding immediate action.

Ammonia

Strong-smelling inhalants used to revive a person who has fainted; also known as ammonia inhalants or spirits of ammonia.

Emergency Medical Services (EMS)

A group that provides out-of-hospital acute medical care and/or transport to definitive care to patients experiencing a medical emergency.

Consciousness

Awareness, full knowledge of what is in one’s own mind.