A regional free trade agreement will benefit the world only when the amount of trade it creates exceeds the amount of trade it diverts
a. true
b. false
Ans: a. true
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A pharmaceutical company giving free samples of medicine to a physician is:
A) unethical influence B) professional sampling C) selective sampling D) media sampling
ConAgra Foods decided its prices had risen too high, so it determined to set a lower price for its products. To make the new price level profitable, ConAgra cut $250 million in costs. What application of cost estimation did this represent?
A) target costing B) experience-curve pricing C) ceiling pricing D) the learning curve E) promotional price elasticities
Estimating the cost of a product, identifying the price at which a product will be sold, and estimating the demand for a product all take place in which stage of the new-product development process?
A. new-product strategy development B. test marketing C. business analysis D. product development E. product launch
Lynn and Robert are married and support Lynn's father who has no income, and Robert's mother, who has no income. If Lynn and Robert file a joint return, how many exemptions may they claim?
A) 2 B) 3 C) 4 D) 5