Which of the following statements about price is true?
A) Pricing is the least important marketing mix element.
B) Price is always a monetary value.
C) Price can mean exchange of nonmonetary goods or services.
D) Most consumers believe price has little influence on their purchase decisions.
E) Pricing is unaffected by changes in the business cycle.
C
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Three elements that comprise character are ______.
a. passion, drive, and perseverance b. integrity, authenticity, and internal accountability c. passion, authenticity, and perseverance d. integrity, authenticity, and an external locus of control
What is job specialization?
What will be an ideal response?
One of the most important reasons for understanding the overall economy is:
A) changing economic activity will impact the current business cycle stage. B) changing economic activity will directly impact revenues. C) changing economic activity will increase profits. D) All of the above.
Corporation X sold 25,000 units of product last year. The contribution margin per unit was $2, and fixed expenses totaled $40,000 for the year. This year fixed expenses are expected to increase to $45,000, but the contribution margin per unit will remain unchanged at $2. How many units must be sold this year to earn the same net operating income as was earned last year:
A. 27,500 B. 22,500 C. 35,000 D. 2,500