Firms engage in price competition by lowering the price of their product to attract more buyers than competing firms. This is because, holding other factors equal, consumers are likely to buy the products that are priced at a lower price.
Firms might engage in price competition by lowering their prices, implementing penetration pricing, or offering price matching. These strategies aim to increase market share, establish new products, and assure customers they are receiving the best deal.
Firms can engage in price competition by reducing their prices with the aim of increasing market share or outdoing their competitors. This is common in markets with homogeneous products where the product offering is similar throughout and the key differentiating factor is the price. For example, in the retail industry, a firm may lower the price of a certain product to draw customers away from competitors.
Another strategy is penetration pricing, where a firm will initially set a low price for a new product to gain market share quickly and deter potential competitors. Once the product is established and customer loyalty built, the firm may then gradually increase the price.
Also, there's price matching where a firm promises to match any lower price a customer can find on the same item elsewhere. This can provide assurance to customers that they're getting the best deal possible.
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?
Refusal to trade with a
company or country
Trade sanction
?
Restriction on all trade
with a particular country
Embargo
2
Policy restricting imports
or exports
Answer:
Boycott: Refusal to trade with a company or country.
Embargo: Restriction on all trade with a particular country.
Trade sanction: Policy restricting imports or exports
Explanation:
I hope this help, please mark this as the brainiest answer.
Answer:
There would be their flag on the moon
Explanation:
There would have been a Soviet flag on the moon planted on the lunar surface by a cosmonaut rather than a USA flag planted by an astronaut. The USA would have saved US $ Billions.
hope this helps
Answer:
It could be many things.
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He created a ring of ships around Cuba to prevent weapons from leaving or entering the island.
He launched airstrikes against Cuba’s air defenses to force the Soviets to remove the missiles.
He sent a U-2 spy plane over Cuba to tighten surveillance on Soviet-made medium-range missiles.
He reinforced the US base at Guantanamo and ordered military personnel to be on stand-by.
He sent ballistic missiles to Turkey as an attempt to scare Cuba into removing their missiles.
The correct options are A and C. President Kennedy's take to prevent a nuclear attack during the Cuban Missile Crisis. He created a ring of ships around Cuba to prevent weapons from leaving or entering the island and he launched airstrikes against Cuba’s air defenses to force the Soviets to remove the missiles.
Khrushchev announced publicly that Soviet missiles would be disassembled and evacuated from Cuba the following morning, October28. Although the issue was resolved, the naval quarantine persisted until the Soviet Union decided to withdraw its IL-28 bombers from Cuba, and the United States lifted the quarantine on November 20, 1962.
Kennedy decided to erect a naval blockade, or ring of ships, around Cuba after several protracted and contentious talks. This so-called "quarantine," as he referred to it, was intended to stop the Soviet Union from bringing in additional military supplies. He commanded that the missiles already stationed there be destroyed, along with the missilelaunch locations.
Learn more about Cuba Missile Crisis here:
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Answer:
The answers are A. He created a ring of ships around Cuba to prevent weapons from leaving or entering the island. And C. He sent a U-2 spy plane over Cuba to tighten surveillance on Soviet-made medium-range missiles.
Explanation:
I think those are the answers! I hope this helps.
It increased the power of the Supreme Court by declaring that court rulings could overrule the laws in the Constitution.
It gave the Supreme Court the power to declare actions by the other two branches unconstitutional.
It decreased the power of the Supreme Court by requiring judicial review decisions to be made by state courts.
Answer: The third option and here is proof v pls mark brainiest
Explanation:
Answer:
But that all changed with Marbury v. Madison, an 1803 milestone case that established the Supreme Court's power of judicial review, by which it determines the constitutionality of executive and legislative acts. Judicial review is another key example of the checks and balances system in action.
Explanation:
Answer:
Incumbent. Sonia Gandhi
Founded in 1885, it was the first modern nationalist movement to emerge in the British Empire in Asia and Africa.
Explanation: