The availability of the product processed, prepared, in proper condition, and/or ready to use is referred to as:
A) place utility.
B) price utility.
C) information utility.
D) form utility.
E) product utility.
D
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Everything else remaining unchanged, an increase in the supply of security A and a decrease in the demand for security B will cause the price of security A to ____ and the price of security B to ____.
A. fall; fall B. fall; rise C. rise; fall D. rise; rise
A shoe department carries more than fifty-five different styles of white sandals. This is a description of the shoe department's ________
A) merchandise breadth B) retail diversity C) merchandise depth D) point-of-sale range E) service assortment
The following are exceptions to the Statute of Frauds requirement under the UCC that contracts
for the sale of goods of $500 or more must be in writing except: A) Part acceptance of goods. B) Admissions in pleadings or court. C) Specially manufactured goods. D) A, B, or C. E) A or B only.
Suppose the real risk-free rate is 2.50% and the future rate of inflation is expected to be constant at 7.00%. What rate of return would you expect on a 5-year Treasury security, assuming the pure expectations theory is valid? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
A. 9.50% B. 11.59% C. 7.70% D. 7.41% E. 8.46%