Exclusive distribution
A. usually involves intermediaries who are willing to take over all responsibility for promoting the producer's product.
B. should generally be used only if it is not possible to generate intermediary interest in intensive distribution.
C. is an arrangement between a producer and intermediary that is illegal for most types of products in the United States; thus it is not very common.
D. is legal as long as it does not involve vertical channel arrangements.
E. None of these answers is correct.
Answer: A
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Mary won a case at the U.S. Court of Appeals. When the case was reviewed by the Supreme Court, only eight judges were present. Four of the judges voted for Mary while the other four voted against her. Which of the following would be the result of this case?
A. The case will be sent to the U.S. Court of Appeals for a review. B. Mary will win the case, as she had already won at the U.S. Court of Appeals. C. The case will be reviewed again by the U.S. Supreme Court when all the judges are present. D. Mary will win, and the case will set a precedent for later cases.
A domestic content requirement placed on automobiles would tend to result in
a. rising production costs of autos. b. decreasing prices of autos. c. higher levels of consumer surplus. d. higher levels of auto imports.
Stock categorized as trading securities is purchased for $72,000. At year end, when the market value of the stock is $63,000, the adjusting entry that would be recorded is:
A) Allowance to Adjust Short-Term Investments to Market 9,000 Unrealized Loss on Investments 9,000 B) Unrealized Loss on Short-Term Investments 9,000 Allowance to Adjust Short-Term Investments to Market 9,000 C) Allowance to Adjust Short-Term Investments to Market 9,000 Short-Term Investments 9,000 D) Realized Loss on Investments 9,000 Short-Term Investments 9,000
Given an EOQ model with shortages in which annual demand is 4200 units, Co = $160, Cc = $7 per unit per year, and Cs = $25, what is the annual carrying cost?
A) 1059.03 B) 1355.55 C) 296.51 D) 495.74