If Lion Mart advertises a 2-liter bottle of Pepsi for 89 cents to generate store traffic that will increase the purchasing of other items at regular prices, the grocer is using
A. reference pricing.
B. a price leader.
C. special-event pricing.
D. comparison discounting.
E. professional pricing.
Answer: B
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Which of the following is not a permanent account?
a. Supplies b. Common Stock c. Depreciation Expense–Equipment d. Accounts Receivable
The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.1hoursStandard labor rate$14.40per hourThe following data pertain to operations concerning the product for the last month: Actual hours worked 8,700hoursActual total labor cost$129,195 Actual output 1,000unitsWhat is the labor rate variance for the month?
A. $450 U B. $450 F C. $3,915 U D. $3,915 F
Which type of decisions are automatic responses to routine and recurring situations?
a. Programmed decisions b. Majority rule decisions c. Executive decisions d. Non-programmed decisions
Given the relation EMPLOYEE(ID#, LastName, ProjectID, ProjectName) and ProjectID can determine ProjectName, but not last name, the relation violates:
A) 1st normal form. B) Mills normal form. C) 2nd normal form. D) 3rd normal form. E) Olsen normal form.