Would a new car equipped with a bumper jack, jack handle, spare tire, and warranty be the same product as the same car without these features? Explain.
What will be an ideal response?
Since a product is everything one receives in an exchange, including all tangible and intangible attributes and expected benefits, no, the new car with additional features and accessories is not the same product as the car without these accessories.
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Bob's Burgers Bob's Burgers currently produces and sells 12,000 burgers per month with the following costs: Variable costs $2.40 per unit Fixed costs $60,000 Bob has recently switched food suppliers and anticipates that variable costs will decrease by $0.35 per unit. In addition, Bob has renegotiated his store lease and fixed costs will be dropping by $8,000 per month. Refer to the information
provided for Bob's Burgers. Bob anticipates selling 12,300 burgers during the month of July. What will be estimated total costs during July? A) $77,215 B) $88,800 C) $76,600 D) $85,825
An organization has had a policy of ordering 70 units at a time. Their annual demand is 340 units, and the item has an annual carrying cost of $2. The assumptions of the EOQ are thought to apply
For what value of ordering cost would this order size be optimal?
A group of salespeople that meets with customers in a manner that is not face-to-face is known as a(n) ________ sales force.
A. inside B. territorial C. team selling D. major accounts E. specialized
The equation that describes how the dependent variable (y) is related to the independent variable (x) is called
A. the correlation model. B. the regression model. C. correlation analysis. D. estimation analysis.