________ are formed by noting current prices, remembering past prices, or assessing the buying situation
A) Product line prices
B) Seasonal prices
C) Reference prices
D) Time-based prices
E) Product bundle prices
C
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What would one expect to occur when cross subsidies are eliminated with the use of activity-based costing (ABC)?
A) That lower-volume products pick up more of their fair share of overhead costs. B) That higher-volume products pick up more of their fair share of overhead costs. C) That lower-volume products will be determined as being unprofitable. D) That higher-volume products will be determined as being unprofitable.
By the time BMW got into the mini-SUV market, sales had leveled off and were even starting to decline. BMW had to target its marketing efforts toward the ________ adopters.
A. innovator B. late majority C. laggard D. early adopter E. early majority
A disadvantage of bond financing is:
A. It allows firms to trade on the equity. B. Bonds do not affect owners' control. C. Bonds can increase return on equity. D. Bonds pay periodic interest and the repayment of par value at maturity. E. Interest on bonds is tax deductible.
A quitclaim deed has a warranty of title only
Indicate whether the statement is true or false