In which of the following does the seller of a product or service have the least amount of control over the price
A. Monopolistic competition
B. Natural monopoly
C. Oligopoly
D. Privatization
E. Perfect competition
Answer: E. Perfect competition
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Intangible assets ________.
A) represent assets for which the market value cannot be determined B) are not recorded in the books because they have no physical substance C) convey special rights from patents, copyrights, trademarks, and other creative works D) All of the statements are correct.
Demographic segmentation techniques segment the population using personal attributes such
as age, income, sex, occupation, and education. Indicate whether the statement is true or false
A change agent is an organizational development specialist who performs a systematic diagnosis of the organization and identifies work-related problems.
Answer the following statement true (T) or false (F)
A firm is considering relaxing credit standards, which will result in annual sales increasing from $1.5 million to $1
75 million, the cost of annual sales increasing from $1,000,000 to $1,125,000, and the average collection period increasing from 40 to 55 days. The bad debt loss is expected to increase from 1 percent of sales to 1.5 percent of sales. The firm's required return on investments is 20 percent. The firm's cost of marginal investment in accounts receivable is ________. (Assume a 360-day year.) A) $5,556 B) $9,944 C) $12,153 D) $152,778