When Delta Airlines raises or lowers its prices on its Atlanta to Chicago route other airlines tend to make the same changes in their pricing. This is an example of _____ pricing.
A. status quo
B. target return
C. market share
D. predatory
E. cost-plus
Answer: A
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Neville Co issued 20-year term bonds at a discount in 20x5. Interest is payable semiannually. Which of the following statements is true, assuming that the effective interest method of amortization is used for the bond discount?
A) Interest expense decreases each six-month interest period. B) Interest expense as a percentage of the bond's book value changes from period to period. C) Interest expense increases each six-month interest period. D) Interest expense remains constant in amount for each interest period.
Which of the following occurs when people remember the most recently presented items of experiences?
A. primacy effect B. availability bias C. attribution errors D. recency effect
________ ventures occur when a company joins forces with foreign investors to create a local business of its own
A) Joint ownership B) Licensing C) Contract manufacturing D) Franchising E) Indirect exporting
Verno Inc. purchased business equipment in March and sold it in November. Verno's gain or loss recognized on the sale is ordinary.
Answer the following statement true (T) or false (F)