Apple Inc. wanted a faster microprocessor for its new Macs. Apple Inc. most likely engaged in a:

A. value engineering task
B. modified rebuy
C. straight rebuy
D. new process
E. new buy


Answer: B

Business

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Identify the correct formula for the calculation of price elasticity of demand

A) E = percent change in price/percent change in demand B) E = percent change in demand/percent change in price C) E = percent change in demand/percent change in supply D) E = percent change in supply/percent change in demand

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Under the ADEA, an employer can win a disparate impact case if it can show that the discriminatory decision was based on a reasonable factor other than

a. age. b. sex. c. race. d. national origin.

Business

A mortgagee (with a properly recorded mortgage) who is obligated to advance future funds will not have its interest attach until funds are actually given to the mortgagor

Indicate whether the statement is true or false

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_____ is the total of all costs that you incur whether or not you sell anything.

Fill in the blank(s) with the appropriate word(s).

Business