Answers

AP

Answered

Grooming well for a big date is a​

A) ​Screening mechanism
B) Signaling mechanism
C) Way to waste money
D) ​None of the above

On Jul 13, 2024


B
AP

Answered

When there is allocative efficiency in a purely competitive market for a product, the minimum price producers are willing to accept is

A) less than marginal benefit.
B) greater than marginal cost.
C) equal to the amount of efficiency or deadweight losses.
D) equal to the maximum price consumers are willing to pay.

On Jul 10, 2024


D
AP

Answered

Property insurance may be either a valued policy or an open policy.

On Jun 13, 2024


True
AP

Answered

The larger the variance, the more the actual returns tend to differ from the average return.

On Jun 10, 2024


True
AP

Answered

The three managerial attitudes toward international operations, according to Howard Perlmutter, are ethnocentric, geocentric, and _______.

A) concentric.
B) multicentric.
C) extocentric.
D) endocentric.
E) polycentric.

On May 14, 2024


E
AP

Answered

Briefly describe the purpose and steps of the exit technique.

On May 11, 2024


The exit technique is used when a sale is not made. The salesperson should use the exit technique by saying, "Mr. Smith, would you do one thing for your company? Would you please think about what we discussed? Please look over this material and the price sheet. I know (product name) is needed by your organization. Please call me if you have any questions. Would it be all right, Mr. Smith, if I come by in a month or so to see what you think about (product name)?" Thank the prospect for the opportunity, shake hands, and leave in a positive and friendly manner.