Restrictive administrative and technical regulations can create barriers to trade which may take all of the following forms except:
A) antidumping regulations.
B) product size regulations.
C) safety and health regulations.
D) common agricultural policies.
E) safety and pollution regulations.
D
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A retailer who holds on to a(n) ________ policy charges a constant low price with little or no price promotions and special sales
A) everyday low pricing B) high-low pricing C) low cost D) going-rate pricing E) auction-type pricing
________ forms the basis of the social factors influencing people's buying decisions.
A. Culture B. Brand loyalty C. Status D. Segmentation E. Religion
The value of a product or service can be quantified by calculating:
A) the lifetime value of the customer base. B) the total sales value of the product. C) the total number of active customers. D) the total cost of the product/service.
Danube Company purchased a used machine for $12,000. The machine required installation costs of $3000 and insurance while in transit of $1500. At which of the following amounts would the machine be recorded?
A) $12,000 B) $15,000 C) $13,500 D) $16,500