Generally, as the price of a product increases, sales for the product will increase.
Answer the following statement true (T) or false (F)
False
As the price of a product increases, the sales for the product will usually decrease because fewer and fewer customers feel the product is a good value.
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Which of the following did not contribute to the 2008 financial meltdown?
A. an increase in traditional 30 year mortgages. B. the packaging/bundling of traditional mortgages to be sold as investments. C. the issuance of high-risk/subprime mortgage loans. D. the speculative bubble related to housing demand drove up prices which proved to be unsustainable.
Management's stewardship is to provide information about how a company's cash flows cause changes in the company's resources and claim's
Indicate whether the statement is true or false
Which of the following statements correctly describes consumer fraud?
a. Any fraud that is committed by a consumer. b. Any fraud that targets individuals as victims. c. Any fraud that is committed against an organization. d. Any fraud that is instigated from a separate country.
When Disney relied on licensing agreements with the Oriental Land Company to open its first foreign theme park, Tokyo Disneyland,
A. Its licensing partner, the Oriental Land Company reaped the windfall, because the partner who bore the risk was also likely to be the biggest beneficiary from any upside gain. B. Japanese consumer buying habits and demographics no longer posed a challenge for Disney. C. It was Disney, not the Oriental Land Company, that reaped the windfall because of learning curve effects. D. Disney no longer needed to contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements. E. Disney was able to meet the challenge of localizing its product offerings in Japan, leading to a low-cost advantage.