When well-informed, specialized salespeople provide useful information to potential customers, these customers do not purchase the new product from a lower-cost outlet.

True / False.

A mutual fund is a savings account good at multiple banks bank account shared with a relative or friend share of ownership in multiple corporations credit account with multiple corporations

A television commercial advertises that a certain type of battery will last, on the average, 20 hours longer than twice the life of another type of battery.

Choose the advantages of using a credit card. Check all that apply. - builds credit history - no monthly payments - no interest fees - small payments over time - emergency funds intact

Consider the voluntary contribution to building a fence game discussed in class. Assume that v1 = v2=100 and C=150, and select all that apply. a. Each player donating 100 is a pure strategy Nash equilibrium in the game. b.

During a one-month promotional campaign, tiger films gave either a free dvd rental or a 12-serving box of microwave popcorn to new members. it cost the store $1 for each free rental and $2 for each box of popcorn.

When prices rise a. the effect in the rich and poor is uncertain. b. both the rich and poor lose real income. c. the poor benefit at the expense of the rich. d. the rich benefit at the expense of the poor.

For its Premium Banking Customers, Upscale Bank has an average acquisition cost of $300, Annual Revenue of $600 with an Annual Retention cost of $ 100 and a churn rate of 10%. Calculate average non-discounted CLV.

Which of the following statements is true? A. In a job-costing system, average production cost is calculated for all units produced. B. In a job-costing system, overheads are allocated to all units equally. C.

Gemma's music store is doing well, but her goal is to improve customer satisfaction. In order to do so, she should A. improve the quality of her products. B. track her sales carefully. C. lower her prices. D. understand her customers' values.

A ___It's a written set of instructions that tells a bank how to use money to pay someone