Rita eats Salsa Caliente made and sold by Salsa Zest Corporation and becomes ill. Rita files a suit against Salsa Zest, alleging that itsproduct was not merchantable. Merchantable food is food that is fit to eat on the basis of
a. consumer expectations.
b. what constitutes a perfect condition.
c. its maker's intentions.
d. its producer's experience.
A
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Suppose the money demand function is MD = P× [(0.25 ×Y) ? (100 ×i)],where Y is expressed in billions of dollars and i is expressed in percentage points. a.Suppose that initially P = 2, Y = 5,000, and i = 5. If income rises to 6,000, what is the new equilibrium nominal interest rate? b.Suppose that initially P = 3, Y = 4,000, and i = 7. If the price level falls to 2, what is the new equilibrium nominal interest rate?
What will be an ideal response?
With a CRM approach, how might a firm select different methods of contacting and communicating with customers based on their value?
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Which of the following is the reason why developing countries in Asia constitute a highly
sought-after market for many consumer goods companies? A) Market segmentation is easier in Asia as they have a large diverse population. B) The manufacturing costs in many Asian countries are very small. C) Asian developing countries have a large growing middle class. D) The average age of the consumer in Asia is greater than 50.
A random sample of 144 checking accounts at a bank showed an average daily balance of $500 and a standard deviation of $60. Develop a 95% confidence interval estimate for the mean of the population.
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