In an unbalanced transportation problem, if supply exceeds demand, the shadow price for at least one of the supply constraints will be equal to ________
Fill in the blank with correct word.
Answer: zero
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Which of the following is true of an indirect channel system?
A) The business retains ownership of the products until delivered to customers. B) The cost of indirect customer sales contact is high and increasing. C) An indirect marketing channel system includes telemarketing and digital marketing. D) An indirect marketing channel system is particularly important for specialized and technological products. E) An indirect marketing channel system involves an intermediary that takes over ownership and sales.
According to a series of scientific studies, most managers spend the majority of their day:
a. Talking b. Listening c. Writing d. A and B e. B and C
Generally speaking, managers feel better about themselves when they behave ethically
Indicate whether the statement is true or false
324 Liquor Corporation is a retail liquor and wine dealer. In New York, the wholesalers establish the prices for retail sales and the State Liquor Authority enforces those prices. 324 was cited for violations when it sold a State Liquor Authority
investigator a bottle of Chatham Gin for $9.45 (the price was to be $9.65 ) and a bottle of Smirnoff for $11.59 (the price was to be $11.89). At the hearing, 324 contends that the statutory scheme for regulating prices violates the antitrust laws. Is 324 correct?