When demand is ________, it implies that more customers would like to buy the product than can be satisfied

A) latent
B) irregular
C) overfull
D) full
E) negative


C

Business

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If the incremental costs for a special order of 8,000 units are $5,600 and the company would like to earn a minimum of $1,600 profit from the order, the minimum bid price would be

A) $0.45 per unit. B) $0.70 per unit. C) $0.90 per unit. D) $1.80 per unit.

Business

What are the detailed elements of building a brand?

What will be an ideal response?

Business

Solomon breaches his contract with Neal to purchase the 500 pairs of socks he had promised to buy. Neal is able to sell the 500 pairs to Renny for a much lower amount. Neal then sues Solomon for damages. Neal will be able to recover:

a. the amount in the liquidated damages clause. b. the difference between Solomon's contract price and the amount paid by Renny. c. Solomon's contract price. d. an amount which depends on whether Solomon intentionally breached because he found cheaper socks somewhere else.

Business

Formal rulemaking is the most frequently used rulemaking procedure for administrative agencies

a. True b. False Indicate whether the statement is true or false

Business