The probability that a person wants a better fuel efficiency given that he wants a vehicle navigation system is approximately:
A) 0.90
B) 0.45
C) 0.82
D) 0.41
C
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Theater tickets cost more on weekends. This is an example of:
A) penetration pricing. B) complementary pricing. C) periodic discounting. D) value pricing.
A possible unintended effect of business legislation is ________
A) restricting fair competition in the market B) encouraging unbridled business behavior C) reducing the social cost of producing a particular commodity D) exposing consumers to unfair trade practices E) slowing economic growth
A company borrows $40,000 and issues a 3-year, 10% installment note with interest payable annually. The factor for the present value of an annuity at 10% for 3 years is 2.4869. The factor for the present value of a single sum at 10% for 3 years is 0.7513. The amount of the annual interest payment is $16,084.28.
Answer the following statement true (T) or false (F)
To violate Section 2(a) of the Robinson-Patman Act, the discriminatory sales must occur roughly within the same period of time and involve goods of like grade and quality.
Answer the following statement true (T) or false (F)