Which of the Following Is False

question 58

Multiple Choice

Which of the following is false?

• A) As a result of a quota, consumers' surplus falls.
• B) As a result of a tariff, producers' surplus rises.
• C) As a result of a tariff, consumers' surplus falls.
• D) As a result of a quota, producers' surplus rises.
• E) none of the above

Identify the stages involved in the organizational development process.

Grasp the concept of incremental change and its application in organizational settings.

Understand Kurt Lewin's model of change (unfreeze, change, refreeze) and its application in organizational development.

Understand the definition, symptoms, and types of mood disorders.

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Definitions:

Price Lining

A pricing strategy where products are sold at a limited number of price points, each representing a different level of quality or features.

Prestige Pricing

A pricing strategy where prices are set higher than normal because the product or service is perceived to be more prestigious or luxurious.

Odd Pricing

A pricing strategy where goods are priced slightly below a round number, such as $1.99 instead of $2.00, to make the price seem lower to consumers.

Advertising

The act of promoting products, services, or brands through various media channels to attract and inform potential customers.