Martin is experimenting with boosting the sales of the goods in his store by using odd-even pricing, multiple-unit pricing, and reference pricing. These are all examples of ___ pricing strategies.

A. psychological
B. status
C. luxury
D. exemplary


Answer: A

Business

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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a 3:2 . Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000 . If the noncash assets are sold for $60,000, and both partners agree to make up any capital deficits with personal cash contributions, Partner Macki will eventually receive cash of

a. $0 b. $4,000 c. $16,000 d. $24,000

Business

Depletion is the process of allocating the cost of natural resources to periods when they are consumed.

Answer the following statement true (T) or false (F)

Business

Aggregating across products, retailers, or suppliers in a single order allows for

A) an increase in lot size for individual products. B) an increase in customer demand. C) a reduction in holding cost per unit. D) a reduction in lot size for individual products.

Business

What Article of the UCC governs sales of goods?

A) 1 B) 2 C) 3 D) None of these.

Business