Price-related reasons for canceling request for proposal

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1. Despite the fact that rental rates for commercial space and labor costs are generally higher in big cities than small towns; the prices of many products – such as electronics and clothing – are higher in small towns than in large cities. Can you explain this? Reference:

2. Sheers of Styrofoam are being inspected for flaws. The first days results from a new machine that produced five sheers are 17, 28, 9,21,14. design a control chart for future production.

3. A company can gain a substantial market share advantage with lower prices in a price sensitive market. Why then would any company in such a market choose to price cooperatively?

4. List and discuss three price-related reasons for canceling a Request for Proposal (RFP).

Reference no: EM132252168

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