Regarding business products, which of the following is true?
A. Tax treatments of business products have no importance to business customers.
B. The demand for consumer products is derived from the demand for business products.
C. Total industry demand is fairly elastic.
D. The demand for business products is derived from the demand for consumer products.
E. Demand facing individual sellers is always inelastic.
Answer: D
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According to the text, the traditional definition of selling includes all of the following components EXCEPT:
A. communication between buyer and seller. B. providing customers with information. C. persuading a prospective customer to buy. D. explaining how to appear unselfish to customers. E. providing after-the-sale service.
Nasser Inc. reported the following results from last year's operations: Sales$12,600,000Variable expenses 7,760,000Contribution margin 4,840,000Fixed expenses 3,706,000Net operating income$ 1,134,000Average operating assets$6,000,000Last year's return on investment (ROI) was closest to:
A. 9.0% B. 18.9% C. 47.6% D. 80.7%
The one-to-many (1:M) relationship is easily implemented in the relational model by putting the foreign key of the "1" side in the table of the "many" side as a primary key
a. True b. False Indicate whether the statement is true or false
A(n) ________ is a program stored within the DBMS that is invoked by the DBMS when a specified event occurs
Fill in the blank(s) with correct word