The set of products that the customer has no intention of buying or has no information about is known as evoked set
Indicate whether the statement is true or false
FALSE
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In the case of ________ demand, consumers dislike the product and may even pay a price to avoid it
A) nonexistent B) overfull C) irregular D) negative E) declining
When the principal is trying to avoid being bound by the acts of the agent after the agency has ended, constructive notice is sufficient for:
A. persons who never knew of existence of the agency. B. persons who knew of the agency but had never dealt with it before termination. C. everyone who the principal was in contract with before the termination. D. persons who have dealt with the former agent.
At a certain level of operations, per unit costs and selling price are as follows: manufacturing costs, $50; selling and administrative expenses, $10; selling price, $80 . Given this information, the mark-on percentage to manufacturing cost used to determine selling price must have been:
a. 20 percent. b. 60 percent. c. 33 percent. d. 25 percent.
Answer the following statements true (T) or false (F)
With pooling of interests, total stockholders’ equity of the combined enterprise would be equal to the sum of the separate companies’ equities immediately prior to the combination.