In advanced economies,
A. economies of scale make the cost of a product higher.
B. both supply and demand tend to be homogeneous in nature.
C. there is little need for marketing specialists.
D. producers and consumers experience a separation of values.
E. exchange is simplified by discrepancies of assortment.
Answer: D
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The cost that is assigned to inventory includes the purchase price, delivery cost, insurance, and occasionally, ____________________
Fill in the blank(s) with correct word
Which of the following is a common assumption in the balanced scorecard?
A) An organization will get only what it measures B) An organization will achieve the benchmark set C) Organization goals can be set only for a short-term period D) An organization does not the follow traditional costing method
Determining the facts in an unbiased manner is the ________ step in the ethical decision-making framework.
Fill in the blank(s) with the appropriate word(s).
Small businesses account for ________ of the gross domestic product (GDP).
A. 68 percent B. 44 percent C. 82 percent D. 21 percent E. 32 percent