Consumers' needs and wants, as well as their ability to purchase, depend on a host of factors that remain consistent over time.

Answer the following statement true (T) or false (F)


False

Consumers' needs and wants, as well as their ability to purchase, depend on a host of factors that change and evolve over time.

Business

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One disadvantage of direct-to-customer channels is that they

A. require the producer to coordinate with many retailers. B. are not suitable when the number of transactions is small or when orders are large. C. make it more difficult to serve buyers who want to lease rather than buy products. D. are illegal in business and organizational markets. E. None of these answers is correct.

Business

Good teams within organizations can consist of how many people?

a. Two b. Five c. Eleven d. Fifty-three

Business

When marginal cost is equal to marginal revenue, the firm should

A. produce more to increase profits. B. produce less to decrease total costs. C. stop producing additional units to maximize profits. D. provide discounts to encourage purchases. E. intensify distribution to increase sales.

Business

What size matrix is yielded when an n × m matrix is multiplied by an m × p matrix, the result of which is multiplied by a p × r matrix?

What will be an ideal response?

Business