The efficient insurance market requires all of the following conditions except:
A) numerous sellers and buyers
B) well-informed consumers
C) numerous purchase substitutes (homogeneity)
D) a government subsidy for lower-income citizens
D
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The fundamental value of a stock varies
A. directly with the rate of discount. B. inversely with the growth rate of earnings on the stock. C. directly with previous year's actual earnings on the stock. D. inversely with the time frame for which a stock is held.
A retail market segment is a group of customers who are attracted to the same retail mix because they have similar needs.
Answer the following statement true (T) or false (F)
To attract a target audience of 25- to 35-year-olds, Godiva began running advertisements that resembled fashion advertisements. Godiva also began purchasing ad space in Vogue and Vanity Fair
In doing so, Godiva altered the ________ element of its marketing-mix strategy. A) product B) promotion C) place D) physical evidence E) price
The effect of an illegal contract on the enforceability of the contract is that a court will generally
leave the parties where it finds them. Indicate whether the statement is true or false