Even if there are social costs involved in a transaction, costs not reflected in the price agreed to by the parties to the transaction, the fact that the price is freely agreed to means that it must still be accepted as fair and beneficial.
Answer the following statement true (T) or false (F)
False
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Describe the functional organization of a marketing department in terms of its structure, advantages, and disadvantages
What will be an ideal response?
Functional depreciation occurs when a fixed asset is no longer able to provide services at the level for which it was intended
Indicate whether the statement is true or false
Jessica told her girlfriend Allison that she thought that Jay was very smart and handsome. Jessica decided that she was going to ask him to the big game. Which element that forms our attitudes did Jessica not use in this example?
a. Behavioral intention b. Affective evaluation c. Cognitive appraisal d. Self-awareness
Knapper Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,740 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable Element per Tenant-DayRevenue - $37.00 Wages and salaries$3,800 $6.10Food and supplies 900 14.90Facility expenses 9,700 4.80Administrative expenses 6,600 0.10Total expenses$ 21,000 $ 25.90The net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.)
A. $8,970 B. $8,350 C. $8,600 D. $9,414