The practice of charging a very low price for a product with the intent of driving competitors out of business or out of a market is called ______________.
A. status quo pricing
B. predatory pricing
C. price skimming
D. penetration pricing
Answer: B
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If an economy is in a recession, with output below its full-employment level, a(n) ____ fiscal policy can be used to return the economy to its long-run equilibrium, which would cause the price level to ____.
A. expansionary; increase B. expansionary; decline C. contractionary; decline D. contractionary; increase
Selective price cuts, intense promotional blitzes, and occasional legal action are commonplace in the strategic design of a(n) ________ attack
A) frontal B) flank C) bypass D) encirclement E) guerilla
Madison Company issued an interest-bearing note payable with a face value of $30,000 and a stated interest rate of 8% to Metropolitan Bank on August 1, Year 1. The note carried a one-year term.Based on this information alone, what is the amount of total liabilities appearing on Madison's balance sheet as of December 31, Year 1?
A. $31,000 B. $31,400 C. $32,400 D. $30,000
Federal law permits the intentional accessing of stored electronic communication even if the accessing is unauthorized
a. True b. False Indicate whether the statement is true or false