The demand for services is usually easier to predict than the demand for goods
Indicate whether the statement is true or false
F
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A _____ is a price reduction offered to buyers buying in multiple units or above a specified dollar amount
a. tradediscount b. cash discount c. seasonal discount d. quantity discount
Which of the following components is typically included in a formal report but is optional in an informal report?
A) Body B) Conclusion C) Introduction D) Table of contents
Mediation tends to keep discussions between parties proceeding
Indicate whether the statement is true or false
The average propensity to consume refers to:
A. the dollars of income spent on luxury goods. B. the dollars of income saved by an individual. C. expenditures on the basic necessities of life. D. the percentage of income spent for current consumption. E. the fact that people with higher propensity to consume earn lower income.