A(n) ________ occurs when Kirin Albers trades Max Lynch three hours of babysitting his three-year-old daughter for fixing the hole in his porch roof
A) differential benefit
B) promotion
C) exchange
D) collaborative consumption
E) virtual trade
C
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Summarize the debate for and against social responsibility. What is your opinion, and why?
What will be an ideal response?
Toothpastes sold in supermarkets and pharmacies promise various results, such as whiter teeth, protection against gum disease, tartar control, or fresh breath. Toothpaste marketers are using ________ segmentation.
A. loyalty B. demographic C. geodemographic D. psychographic E. benefit
The present value of a $20,000 perpetuity at a 7 percent discount rate is ________
A) $186,915 B) $285,714 C) $140,000 D) $325,000
Which of the following statements is true?
A) The quick ratio is classified as an activity ratio. B) Current assets are expected to be converted into cash in less than 2 years. C) A firm's debt holders prefer a low quick ratio. D) Activity ratios go hand in hand with liquidity ratios E) Lower current ratios are always preferable.