Register
How might firms engage in price competition? A) Firms might advertise that they offer the lowest price on selected merchandise. B) Firms might promote the value their product offers for the price. C) Firms
22.5k views
3 votes
How might firms engage in price competition? A) Firms might advertise that they offer the lowest price on selected merchandise. B) Firms might promote the value their product offers for the price. C) Firms might join a coupon site to display their product’s price. D) Firms might offer free gifts to attract new customers.

User James White
by
5.2k points

1 Answer

3 votes

Answer:

How might firms engage in price competition?

Firms might advertise that they offer the lowest price on selected merchandise.

Step-by-step explanation:

Price is a key factor that determines patronage aside quality, once advertisement makes the price as their priority and maintain their quality it would increase their buyers or customers

User Startec
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.8m answers

Other Questions

The role of the cell membrane is most like the job of which person
Which statement BEST describes the relationship between adenosine diphosphate (ADP) and adenosine triphosphate (ATP)? A. With an input of energy, ADP rearranges to become ATP. B. Without any energy change,
Explain how and when an egg is produced and completes its development?
A state of joyful activity in which the subject performs an action effortlessly and skillfully is known as a(n) __________.
Lily visits her family doctor. He tells her that the upset stomach she experiences after drinking milk is caused by too little lactase, an enzyme that breaks down a sugar in milk into monosaccharides.
Link Copied!