MKTG Mini test 7-2

MKTG Mini test 7-2 - MKTG043101-F10R: Mini test 7

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1 Marks: 1 Choose one answer. a. Increase price to increase revenues. b. Decrease price to decrease revenues. c. Maintain price and reduce costs. d. Decrease price to increase revenues. e. Increase price to decrease revenues. 2 Marks: 1 Choose one answer. a. $10,000 b. $9,995.30 c. $4,700 d. $5.30 e. $5,300 3 Marks: 1 Choose one answer. a. profits b. social responsibility c. leading market share d. no competition e. value. 4 Marks: 1 Mini test 7 Review of attempt 2 Finish review Started on Wednesday, October 20, 2010, 01:07 PM Completed on Wednesday, October 20, 2010, 01:16 PM Time taken 9 mins 6 secs Grade 2 out of a maximum of 10 ( 20 %) In an oligopoly situation, where the demand curve for the product is kinked, what is the best strategy to increase profits? Marks for this submission: 0/1. Last year, BruceCo sold 1000 coffee cups for $10 each. If the cost for each cup was $4.70, how much profit did BruceCo make? Marks for this submission: 0/1. In order for a firm to have an increase in market share as a pricing objective, it is assumed that the firm has? Marks for this submission: 0/1.
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This note was uploaded on 02/23/2012 for the course MKTG 431 taught by Professor Brucerobertson during the Fall '07 term at S.F. State.

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MKTG Mini test 7-2 - MKTG043101-F10R: Mini test 7

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