Which of the following best explains form utility?
A) the availability of answers to questions about useful product features and benefits
B) the availability of a product that is processed, prepared, ready to use, and in proper condition
C) the availability of a product or service in a location that is convenient to a potential customer
D) the availability of a product or service when desired by a customer
B
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The "dormant" Commerce Clause limits the authority of the states to interfere with the flow of interstate commerce by:
A. prohibiting state laws that openly discriminate against interstate commerce. B. prohibiting state legislation that unduly burdens intrastate commerce. C. limiting a state's ability to tax vendors. D. limiting the states from furthering only state interests.
Firms that focus on cost leadership tend to find the lowest-cost location might
A) locate far from their customers. B) locate in a higher cost area to provide faster response. C) have many facilities to take advantage of economies of scale. D) increase inventory levels to reduce stockouts.
If the break-even point was estimated to be 500 units when fixed costs are estimated at $1,200/month, what would the EMV be if average demand is estimated at 750?
What will be an ideal response?
The intercept of the security market line is the reward-to-risk ratio for taking on units of systematic risk
Indicate whether the statement is true or false.