Answer the following questions using the information below:
Delgreco Products manufactures high-tech cell phones. Delgreco Products has a policy of adding a 30% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:

-A short-run pricing decision typically has a time horizon of less than:
A)one year
B)two years
C)five years
D)None of these answers is correct.

Question

Answer the following questions using the information below:
Delgreco Products manufactures high-tech cell phones. Delgreco Products has a policy of adding a 30% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:
  
-A short-run pricing decision typically has a time horizon of less than:
A)one year 
B)two years 
C)five years 
D)None of these answers is correct.

Quizplus · Accepted Answer

Short-run decisions typically have a time horizon of less than one year.

Answer the Following Questions Using the Information Below