For customized services, such as construction services, customers lack the ability to negotiate a price
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
For customized services, such as construction services, customers may have the ability to negotiate a price.
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Al, the owner of Mac's Tire Mart, has received his first shipment of tires from the NevaFlat Tire Company. Al is now testing how well the tires sell, how well NevaFlat responds when he has a question or problem, and how durable the tires really are. Al and NevaFlat Tire Company are in which of the following stages of partnership development?
A. Awareness B. Commitment C. Recognition D. Exploration E. Expansion
Everything else remaining unchanged, an increase in the supply of security A and an increase in the demand for security B causes the price of security A to ____ and the price of security B to ____.
A. fall; fall B. fall; rise C. rise; fall D. rise; rise
Industrial groups are _____.?
A. ?owned and managed by the Securities and Exchange Commission B. ?organizations that tie together all the functions of production and sales from start to finish C. ?organizations that encompass firms involved in financing and marketing only D. ?privately held companies and the stock of such firms are not traded publicly E. ?led by the firm involved with manufacturing and distribution of products
Empirical tests of market efficiency fail to show that most major national markets are reasonably efficient
Indicate whether the statement is true or false.