Mass media is the only vehicle available for transmitting a promotional message from a firm to a potential customer
Indicate whether the statement is true or false
FALSE
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With regard to Gross National Product per capita, which of the following categories of countries is considered to be developed?
A) lower-middle income B) high-income C) low-income D) upper-middle income
Describe the difference between a source distraction and a medium distraction, and provide an example of both.
What will be an ideal response?
Sean is thinking about creating an automatic cat feeder similar to one that he created for dogs.He talks to several cat owners to find out what they dislike about feeding their cats.He also takes a look at current cat feeders and asks the same cat owners what they like and don’t like about the feeders.What is this action called?
a. asking questions and a pilot study b. asking questions and hypothesis testing c. asking questions and background research d. asking questions and prototyping
Division X makes a part with the following characteristics: Production capacity 25,000unitsSelling price to outside customers$18 Variable cost per unit$11 Fixed costs, total$100,000 Division Y of the same company would like to purchase 10,000 units each period from Division X. Division Y now purchases the part from an outside supplier at a price of $17 each. Suppose Division X has ample excess capacity to handle all of Division Y's needs without any increase in fixed costs and without cutting into sales to outside customers. If Division X refuses to accept the $17 price internally and Division Y continues to buy from the outside supplier, the company as a whole will be:
A. worse off by $20,000 each period. B. worse off by $70,000 each period. C. worse off by $60,000 each period. D. better off by $60,000 each period. E. better off by $10,000 each period.