According to the consumer bill of rights, the right to be informed means that
A. consumers' interests will receive full and sympathetic consideration in the formulation of government policy.
B. consumers should have access to a variety of goods and services at competitive prices.
C. consumers should have access to and the opportunity to review all relevant information about a product before buying it.
D. marketers have an obligation not to knowingly market a product that could harm consumers.
E. consumers should be told when the quality of a product has changed only if it causes harm.
Answer: C
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The Blue Saints Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000 . Variable costs per patron are $10.00 . The selling price for a tickets $30.00 . The Blue Saints Band has sold 23,00 . tickets so far. How many tickets does the Blue Saints Band need to sell to break even?
a. 23,000 b. 20,000 c. 14,000 d. 17,500
Which of the following statements is TRUE if total fixed costs decrease while the sales price per unit and variable cost per unit remain constant?
A) The contribution margin increases. B) The breakeven point increases. C) The contribution margin decreases. D) The breakeven point decreases.
The basic premise of the skills approach is to ______.
A. identify the behaviors necessary for leadership B. identify the behaviors of leaders C. identify the skills of leaders D. identify the individual attributes of leaders
Problem-oriented languages describe the nature of the problem
Indicate whether the statement is true or false.