All else being equal, if sales revenue doubles, variable costs will:
A. increase on a per unit basis.
B. increase in total.
C. decrease in total.
D. decrease on a per unit basis.
Answer: B
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Which of the following is a true statement about the Four Ps of the marketing mix?
A) A decision about one of the Ps affects every other marketing-mix decision. B) Product is always the most important of the Four Ps. C) Place is typically the least important of the Four Ps. D) The Four Ps have little effect on a product's market position. E) The Four Ps are used to determine a product's target market.
Which of the following is an advantage of working in teams?
A. Cost B. Peer pressure C. Groupthink D. Increased acceptance of a solution E. Hidden agendas
The highest rates of urbanization are occurring in
A. heavily populated nations. B. post-industrial nations. C. high-income countries. D. thinly populated nations. E. low- and middle-income nations.
Subordinates tend to communicate only the information to their superiors that enhances their standing with their superiors
Indicate whether the statement is true or false.