Which of the following is a measure of customers' sensitivity to changes in price?
A) liquidity ratio
B) demand sensitivity
C) price elasticity of demand
D) marginal analysis
E) basing-point
C
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Price reductions granted to customers because of defects with the merchandise are called sales returns
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During the decades of the ‘60s and ‘70s, the third major wave of administrative law development occurred
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You have just won the Reader's Digest lottery of $5,000 per year for twenty years, with the first payment today followed by nineteen more start-of-the-year cash flows. At an interest rate of 5%, what is the present value of your winnings?
A) $100,000.00 B) $65,426.60 C) $62,311.05 D) $47,641.18
You see someone stealing the highly prized hubcaps off your car. You have the right to protect your property by using:
a. deadly force "in case of res judicata" b. "all force necessary" to subdue the thief c. force reasonable under the circumstances, which may include killing the thief d. force reasonable under the circumstances, which would include shooting the thief if you were concerned that the thief could be armed e. none of the other choices