Contribution margin is calculated by deducting total fixed costs from total sales

Indicate whether the statement is true or false


False

Business

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According to your text, non-representativeness in panels may arise because of all of the following except ________

A) respondent intelligence B) mortality C) refusal to cooperate D) payment

Business

All of the following increase the damage done by emotional labor EXCEPT ______.

A. being well suited for service roles B. interacting with aggressive clients C. high levels of interaction with customers D. suppressing negative emotions

Business

Kay borrowed $200,000 for her business. First Bank loaned the money but required a surety and collateral. Kay put up her boat, valued at $110,000, and Anson agreed to guarantee the entire loan. After Kay had paid $50,000 of the loan, she asked First Bank to release the collateral since she wanted to sell it to her brother. The bank looked at her perfect payment record and agreed. Two weeks later,

she sold the business, took the boat to Brazil, and never was heard from again. Can First Bank collect from Anson? A) No, since they released the collateral B) Yes, but only $40,000 C) Yes, but only $90,000 D) Yes, and they can get the whole remaining obligation

Business

Persuading customers to buy a higher-priced item than they originally intended to buy is referred to as:

A. suggestion selling B. trading up C. conversion selling D. relationship marketing E. interactive selling

Business