You are introducing a new product, and want to make sure that potential customers can examine the merits of a new product. You offer free samples to customers and give away in-store free samples. This product characteristic is referred to as:
A. trialability
B. compatibility
C. observability
D. competitive advantage
E. complexity
Answer: A
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The Apple II, Macintosh, iPod, iPhone, iPad, and CarPlay are all examples of Apple's commitment to ________.
A. social responsibility B. using renewable resources C. new product development D. sustainable procurement E. respecting its workforce
A company is currently operating at 75% capacity and producing 3,000 units. Current cost information relating to this production is shown in the table below: Per UnitSales price$43 Direct material$7 Direct labor$6 Variable overhead$4 Fixed overhead$4 The company has been approached by a customer with a request for a 200-unit special order. What is the minimum per unit sales price that management would accept for this order if the company wishes to increase current profits?
A. Any amount over $13 per unit. B. Any amount over $43 per unit. C. Any amount over $21 per unit. D. Any amount over $17 per unit. E. Any amount over $22 per unit.
Jackson has a loan that requires a $17,600 lump sum payment at the end of four years. The interest rate on the loan is 5%, compounded annually. How much did Jackson borrow today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from
the tables provided.) A. $15,884 B. $14,480 C. $11,910 D. $14,080 E. $16,720
How does a coupon bond's yield to maturity differ from the spot interest rate that applies to cash flows occurring at the maturity of the bond? When are the two the same?
What will be an ideal response?