Manufacturer brands are always advertised and distributed more widely than dealer brands.
Answer the following statement true (T) or false (F)
False
In the United States over 30 percent of grocery store purchases are now dealer brands with percentages much higher in many European countries. Over the past 30 years, dealer brands have been slowly gaining an upper hand. In tough economic times, consumers turn to dealer brands even more.
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Answer the following statements true (T) or false (F)
1.The price-specie-flow mechanism illustrated why nations could not maintain trade surpluses or trade deficits over the long run. 2.The marginal rate of transformation equals the absolute slope of a country's production possibilities frontier. 3.Assume that Germany has higher labor productivity and higher wage levels than France. Germany can produce a commodity more cheaply than France if its productivity differential more than offsets its wage differential. 4.Ricardo's theory of comparative advantage does NOT take into account demand conditions when determining relative commodity prices. 5.If Canada has a higher wage level and higher labor productivity than Mexico, Canada will necessarily produce a good at a higher labor cost than Mexico.
An improvement made to a machine increased its production capacity by 25% without extending the machine's useful life. The cost of the improvement should be
A) recorded as an expense. B) debited to Accumulated Depreciation. C) capitalized in the machine account. D) allocated between Accumulated Depreciation and the machine account.
An invention is not patentable if it (1) is known or has already been used in this country, or (2) has been described in a publication here or overseas
Indicate whether the statement is true or false
______ describes the way customers arrive at the service system.
a. Arrival pattern b. Arrival rate c. Interarrival time d. Service time