ESPN cable television offers numerous sports programs. What type of discrepancy does this create for sports fans who want to watch only a few of the programs?
A. discrepancy of quantity
B. discrepancy of assortment
C. discrepancy of quality
D. discrepancy of information
E. discrepancy of image
Answer: A
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Table 6.2 in the text provides a comparative evaluation of survey methods. Which two methods are shown as low on the quantity of data criteria?
A) traditional telephone interviews; computer assisted telephone interviews (CATI) B) in-home interviews; mall intercept interviews C) Internet; mall intercept interviews D) computer assisted telephone interviews (CATI); mall intercept interviews
It is possible to allocate income to partners based solely on interest
Indicate whether the statement is true or false
Dirk required surgery for a kidney impairment. His total bill for medical services was $50,000. Dirk has a medical expense policy with a $1,000 calendar-year deductible and a $5,000 annual out-of-pocket limit
His coinsurance percentage is 20 percent. The out-of-pocket limit applies to coinsurance only. Assuming this surgery and hospitalization were the first medical care that Dirk received during the year and that all of the hospital services were eligible for coverage under the policy, how much of the $50,000 bill will the insurer pay? A) $39,000 B) $39,200 C) $40,000 D) $44,000
The demand for industrial products and services that is driven by demand for consumer products and services is referred to as
A. derived demand. B. reciprocal supply. C. secondary marketing. D. sequential demand. E. demand elasticity.