For most consumers, there is an assumed relationship between

A. price and quality.
B. value and cost.
C. internal and external reference prices.
D. value and price consciousness.
E. prestige prices and value.


Answer: A

Business

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Indicate whether the statement is true or false

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Nilo Asgharian makes $18.50 per hour. He receives time and one-half for hours over 40, and double time on national holidays. Nilo worked 40 hours straight time, 12 hours overtime during the week, and 8 hours on Sunday, which was a national holiday. What were Nilo's gross earnings this pay period?

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