Homework Answers
Ans) the correct option is cost represents the seller's investment in a product.
Price is what a buyer pays to acquire products from a seller. Whereas the cost is the seller's investment in making the product.
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Question 3 (1 point) Which of the following statements is correct? The terms price and cost...
Question 11 (1 point) For a consumer products marketer who is selling to a reseller, which...
Question 11 (1 point) For a consumer products marketer who is selling to a reseller, which of the following statements regarding reseller needs is MOST LIKELY correct? Resellers rarely seek promotional support from a marketer since most resellers prefer to do their own promotion and not be restricted by what a product marketer may want in exchange for offering promotional support. Resellers are not very concerned about a product's package since they know they have little input in how it...
Which of the following statements is NOT correct regarding price? Price is the least flexible marketing...
Which of the following statements is NOT correct regarding price? Price is the least flexible marketing mix variable to change. Tuition and rent are other words that also mean price. From a buyer's perspective price reflects what must be given up to obtain certain benefits. From a seller's perspective price reflects the revenue obtained for each product sold.
Which of the following statements is correct?
Which of the following statements is correct?A. The value of the marginal product curve is the labor demand curve for competitive, profit-maximizing firms.B. A competitive, profit-maximizing firm hires workers up to the point where the value of the marginal product of labor equals the wage.C. By hiring labor up to the point where the value of the marginal product of labor equals the wage, the firm is producing where price equals marginal cost.D. All of the above are correct.
Question 3 (1 point) Which of the following statements is correct? Subordinated debt has less default...
Question 3 (1 point) Which of the following statements is correct? Subordinated debt has less default risk than senior debt. Junk bonds typically have a higher yield to maturity relative to investment grade bonds. A debenture is a secured bond that is backed by some or all of the firm's fixed assets. None of the other statements is correct. Previous Page Next Page Page 3 of 26
8. Which of the following statementele mele wing statements is correct for a project with a...
8. Which of the following statementele mele wing statements is correct for a project with a positive NPV? A) IRR exceeds the cost of capital B) Accepting the project has an indeterminate effect on shareholders C) The discount rate exceeds the cost of capital. D) The profitability index equals one. 9. If the net present value of a project which costs $20,000 is $5,000 when the discount rate is 10%, then the: A) project's IRR equals 10%. B) project's rate...
14. Refer to Figure 13-8. Which of the following statements is correct? a. Marginal cost is...
14. Refer to Figure 13-8. Which of the following statements is correct? a. Marginal cost is rising for quantities higher than D because marginal cost is higher than average total cost. b. Average variable cost is declining for quantities less than B because marginal cost is lower than average variable cost. c. Marginal cost is minimized at B because at that quantity, marginal cost equals average variable cost. d. All of the above are correct. 15. When marginal cost is...
Question 3 (1 point) Saved 3. Which of the following statements is CORRECT? Question 3 options:...
Question 3 (1 point) Saved 3. Which of the following statements is CORRECT? Question 3 options: AFC = ATC + AVC AVC = AFC - ATC ATC = AVC - AFC ATC = AFC + AVC Question 4 (1 point) Saved 4. The above table shows the total product of producing baseball hats. The marginal product of the 4th worker is equal to Question 4 options: 25 baseball hats 6.25 baseball hats 21 baseball hats 7 baseball hats Question 5...
Question 5 (1 point) In a marketing class a student was giving a presentation on the...
Question 5 (1 point) In a marketing class a student was giving a presentation on the importance of price in marketing decisions. Which of the following statements made by the student is NOT correct? The price decision of one product can affect how much customers purchase of other products." "While the price decision is important it is also a decision that may take the marketer a long time to change once it is set." The marketer must be careful not...
QUESTION 7 Which of the following statements is correct with regard to a CVP (Cost, Volume,...
QUESTION 7 Which of the following statements is correct with regard to a CVP (Cost, Volume, Profit) graph? 1.A CVP graph shows the maximum possible profit. 2.A CVP graph shows the break-even point as the intersection of the total sales revenue line and the total expense line 3.A CVP graph assumes that total expense varies in direct proportion to unit sales. 4.A CVP graph shows the operating leverage as the gap between total sales revenue and total expense at the...
Question 3 (1 point) Which of the following statements regarding investment in working capital is incorrect?...
Question 3 (1 point) Which of the following statements regarding investment in working capital is incorrect? working capital is recovered at the end of the project. investment in working capital, unlike investment in plant and equipment, represents a positive cash flow. the cash flow is measured by the change in working capital, not the level of working capital. the working capital may change during the life of the project. Question 4 (1 point) A company is considering a 5-year project...
Question 11 (1 point) For a consumer products marketer who is selling to a reseller, which of the following statements regarding reseller needs is MOST LIKELY correct? Resellers rarely seek promotional support from a marketer since most resellers prefer to do their own promotion and not be restricted by what a product marketer may want in exchange for offering promotional support. Resellers are not very concerned about a product's package since they know they have little input in how it...
Question 3 (1 point) Which of the following statements is correct? Subordinated debt has less default risk than senior debt. Junk bonds typically have a higher yield to maturity relative to investment grade bonds. A debenture is a secured bond that is backed by some or all of the firm's fixed assets. None of the other statements is correct. Previous Page Next Page Page 3 of 26
8. Which of the following statementele mele wing statements is correct for a project with a positive NPV? A) IRR exceeds the cost of capital B) Accepting the project has an indeterminate effect on shareholders C) The discount rate exceeds the cost of capital. D) The profitability index equals one. 9. If the net present value of a project which costs $20,000 is $5,000 when the discount rate is 10%, then the: A) project's IRR equals 10%. B) project's rate...
14. Refer to Figure 13-8. Which of the following statements is correct? a. Marginal cost is rising for quantities higher than D because marginal cost is higher than average total cost. b. Average variable cost is declining for quantities less than B because marginal cost is lower than average variable cost. c. Marginal cost is minimized at B because at that quantity, marginal cost equals average variable cost. d. All of the above are correct. 15. When marginal cost is...
Question 5 (1 point) In a marketing class a student was giving a presentation on the importance of price in marketing decisions. Which of the following statements made by the student is NOT correct? The price decision of one product can affect how much customers purchase of other products." "While the price decision is important it is also a decision that may take the marketer a long time to change once it is set." The marketer must be careful not...
QUESTION 7 Which of the following statements is correct with regard to a CVP (Cost, Volume, Profit) graph? 1.A CVP graph shows the maximum possible profit. 2.A CVP graph shows the break-even point as the intersection of the total sales revenue line and the total expense line 3.A CVP graph assumes that total expense varies in direct proportion to unit sales. 4.A CVP graph shows the operating leverage as the gap between total sales revenue and total expense at the...
Question 3 (1 point) Which of the following statements regarding investment in working capital is incorrect? working capital is recovered at the end of the project. investment in working capital, unlike investment in plant and equipment, represents a positive cash flow. the cash flow is measured by the change in working capital, not the level of working capital. the working capital may change during the life of the project. Question 4 (1 point) A company is considering a 5-year project...
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