When three buyers purchase the products of three producers, nine transactions are required. If one intermediary serves both producers and buyers, the number of possible transactions is
A. 15.
B. 5.
C. 18.
D. 6.
E. 20.
Answer: D
You might also like to view...
An attitude refers to
A. a person's consistent behaviors or responses to recurring situations. B. a learned predisposition to respond to an object or class of objects in a consistently favorable or unfavorable way. C. the feelings one has about the preferable modes of conduct that tend to persist over time. D. the process by which an individual selects, organizes, and interprets information to create a meaningful picture of the world. E. a consumer's subjective perception of how a product or brand performs on different attributes based on personal experience, advertising, and discussions with other people.
______ is simply terminating an individual employee for an illegal reason, either in violation of a contract or in violation of state or federal law.
A. Constructive discharge B. Contract discharge C. Grievance D. Wrongful discharge
When the U.S. Supreme Court decides to hear a case, it issues a Writ of Certiorari
Indicate whether the statement is true or false
The variable cost is the portion of total cost that remains constant regardless of changes in levels of production
Indicate whether the statement is true or false