The depersonalization of many neighborhoods and the increase in working women have had the greatest detrimental effect on which retailer?
a. direct marketing
b. direct selling
c. vending machines
d. retail catalog showroom
b
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The normal balance of revenue is a(n)_____________
Fill in the blank(s) with correct word
Less than 20 percent of the U.S. economy is generated by governmental and not-for-profit organizations
Indicate whether the statement is true or false
Indicate whether each of the following statements is true or false.In making a decision to eliminate a segment of a business, managers should compare differential revenues for the segment to its avoidable costs.____Eliminating one segment of a business generally has no effect on the other segments.____Eliminating one segment of a business has no effect on the customers of the other segments.____The opportunity cost, alternative use for facilities, should be considered in deciding whether to retain a segment of a business.____A decision to eliminate a segment of a business is likely to have long-term consequences because reestablishing the segment might be difficult.____
What will be an ideal response?
Burger Prince Restaurant is considering the purchase of a $100,000 fire insurance policy. The fire statistics indicate that in a given year the probability of property damage in a fire is as follows:
a. If Burger Prince was risk neutral, how much would it be willing to pay for fire insurance?
b. If Burger Prince has the utility values given below, approximately how much would it be willing to pay for fire insurance?
