As the ruble's value fell through most of 2014, Russian consumers rushed to change rubles to dollars and euros and to buy big-ticket items such as big-screen TVs and luxury cars

Indicate whether the statement is true or false


TRUE

Business

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Which of the following is a price adjustment strategy that considers how a customer's perception of a product is influenced by its price?

A) captive product pricing B) psychological pricing C) by-product pricing D) promotional pricing E) international pricing

Business

The classical Hindu law was based on ________

A) civil codes B) court decisions C) the works of private scholars D) the canons called Torahs

Business

The advertising medium of ________ reaches local customers who are ready to buy, but differentiation is hard because many other competitors are listed in the same place.

A. magazine B. radio C. television and cable D. directories E. Internet

Business

Schoening Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for January. Fixed Element per MonthVariable Element per Container RefurbishedActual Total for JanuaryRevenue   $4,100$158,600Employee salaries and wages$50,600 $1,100$92,700Refurbishing materials   $700$27,000Other expenses$41,200   $40,800?When the company prepared its planning budget at the beginning of January, it assumed that 40 containers would have been refurbished. However, 38 containers were actually refurbished during January.?The revenue variance in the Revenue and Spending Variances

column of a report comparing actual results to the flexible budget for January would have been closest to: A. $5,400 U B. $2,800 U C. $2,800 F D. $5,400 F

Business