One of the three shops on campus that sell university logo clothing has found that if it sells a sweatshirt for $30 or more, the other two shops keep their prices constant and the store loses revenues. if, however, the shop reduces its price below $30, the other stores react by lowering their prices. what kind of market structure does this store face? if the store's marginal costs fluctuate up and down very slightly, how should the store adjust its prices?

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.