The "wheel of retailing" theory fails to explain some major retailing developments, such as vending machines and convenience food stores, that did not enter the market with a low-price emphasis.
Answer the following statement true (T) or false (F)
True
The "wheel of retailing" theory does not explain all major retailing developments; vending machines entered as high-cost, high-margin operations, and convenience food stores are high-priced.
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Sample size can be computed by using the formula for the standard error
Indicate whether the statement is true or false
Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows.
A. A project's regular IRR is found by compounding the cash inflows at the cost of capital to find the present value (PV), then discounting the TV to find the IRR. B. If a project's IRR is smaller than the cost of capital, then its NPV will be positive. C. A project's IRR is the discount rate that causes the PV of the inflows to equal the project's cost. D. If a project's IRR is positive, then its NPV must also be positive. E. A project's regular IRR is found by compounding the initial cost at the cost of capital to find the terminal value (TV), then discounting the TV at the cost of capital.
Standard time may be less than average observed time
Indicate whether the statement is true or false
Why are the bid-ask spreads larger in the forward market than in the spot market?
A) because the forward market is less liquid than the spot market B) because the spot market is more volatile than the forward market C) because the forward market is more liquid than the spot market D) because the spot market is less liquid than the forward market