Value reflects the ability of a product to
a. provide the best quality at any price.
b. have all possible product and service characteristics.
c. meet the majority of a customer's needs at the lowest possible price.
d. have the longest technical or service life and the best warranty.
C
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Revenue accounts are increased by credits
Indicate whether the statement is true or false
Suppose that a highway is governed by a use fee charged to motorists that is based on congestion, operation and maintenance. The total traffic t is used to determine the cost of 5t2. What is the average cost per motorist?
A) 2.5 B) 5 C) 5t D) 2.5t
Java Bean Company imports coffee beans and sells them under two-year contracts to Mellow Roast, Inc, and other coffeemakers. The contracts require that during the two-year term a coffeemaker not buy beans from Java Bean's competitors. The contracts do
not limit the coffeemakers' purchase of tea or other beverage ingredients from other suppliers, however. In the second year of the contract, Mellow Roast protests that this arrangement violates antitrust law. Is Mellow Roast correct? If not, why not? If so, under which antitrust statute, or statutes, could these contracts be held illegal?
Computer software licensing agreements include restrictions on the use of software and give the licensor greater protection than that provided by copyright law
Indicate whether the statement is true or false