A) Both purely competitive and monopolistic firms are "price takers." B) Both purely competitive and monopolistic firms are "price makers." C) A purely competitive firm is a "price taker," while a monopolist is a "price maker." D) A purely competitive firm is a "price maker," while a monopolist is a "price taker."
In AASB 3,the indicia of an acquiring entity's power to control the other combining entities in a business combination do not include the power to:
A) exercise more than half of the voting rights in another entity through the site of the voting power or by virtue of an agreement with other investors. B) appoint or remove a majority of the members of the governing body of the acquired entities. C) cast the majority of votes at meetings of the governing body. D) none of the above.
At Marco's Men's Store, all ties are priced at one of three different price points: $16.95, $24.95, and $33.95. This is an example of what type of pricing tactic?
A) price lining B) prestige pricing C) reference pricing D) odd pricing