Question

a. given only the available information, what would you expect product price to be in the long run? multiple choice 1 $11.25 $12.00 $5.00 $15.00 b. what would you expect price to be in the short run? multiple choice 2 $5.00 $7.00 $15.00 $9.00

Answer 1

Long-term expectations for the price of the product are $11.25, while immediate expectations are for a price of $15.00.

What does the price of a thing mean?

The process of product pricing involves converting the value of the product into numbers. Pricing decisions are typically determined before to a product's initial introduction to the market, but businesses are always free to alter the selling price for a number of reasons.

How much does "Expected Price" mean?

Expected Price is the amount set for the Bid Amount per the CGD's advice. According to Rule 4120(c)(8)(A)(i), "Expected Price" refers towards the Current Reference Price there at moment the Exchange receives notification from such an underwriter or financial advisor that the security is ready to trade.

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