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Internal Growth Strategies Rely on Establishing Relationships with Third Parties

Question 91
Multiple Choice

Which of the following statements about price discrimination is true? A) It exists whenever consumers in a country are charged different prices for the same product. B) A necessary condition for profitable price discrimination is different price elasticities of demand in different countries. C) It is the use of price as a competitive weapon to drive weaker competitors out of a national market. D) It makes economic sense to charge the same prices across countries.

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Q 92
Which of the following is one of the important factors in determining the elasticity of demand for a product in a given country? A) Personal selling B) Logistics C) Operating revenue D) Income level
Q 93
In a country where competition is limited,____. A) prices will be low. B) there will be low elasticity of demand. C) prices will be high. D) consumers' bargaining power rises.
Q 94
____ pricing is the use of price as a competitive weapon to drive weaker competitors out of a national market. A) Multipoint B) Value-based C) Experience curve D) Predatory
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