Pricing cues such as sale signs and prices that end in 9 are more influential when consumers are experienced in the category
Indicate whether the statement is true or false
FALSE
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Which of the following is not a key change in the business environment since the 1970s?
A. Greater demand for high-quality goods and services B. More highly educated workers C. Greater stability in consumer tastes and preferences D. Increased sophistication of technology
When Jeff's car breaks down, he asks Kwik Tow, Inc., to tow it from its location to Loyal Repair Shop. There is no discussion of a price, and Jeff and Kwik do not sign any documents. After the tow, Kwik sends Jeff a bill. With respect to Jeff's obligation to pay the bill, this is
A. an express contract. B. an implied contract. C. a quasi contract. D. no contract.
At a base sales level of $400,000, a firm has a degree of operating leverage of 2 and a degree of financial leverage of 1.5. The firm's degree of total leverage is ________
A) 3.5 B) 3.0 C) 0.5 D) 1.3
You are on the subway in New York when you overhear two people you do not know talking about an upcoming merger, news not yet public. They seem to know their stuff. If you buy stock based on this information, and profit when the information turns out true, you have:
a. violated the Insider Trading Sanctions Act and are likely to face criminal charges b. engaged in insider trading that is probably illegal c. not engaged in insider trading because you are not a corporate officer d. not engaged in insider trading because once you overheard the information it was public e. none of the other choices