Answers

SP

Answered

If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is 2.50, the profit-maximizing price is

A) 3 cents.
B) 3.33 cents.
C) 4 cents.
D) 5 cents.
E) 6 cents.

On Jul 27, 2024


B
SP

Answered

Donald Williams sells home gutter systems guaranteed to last for 20 years. After every sale, Williams asks his customers for the names of several friends who might be interested in learning about his gutter products. Williams is using the ________ method of prospecting.

A) center of influence
B) cold canvass
C) group
D) endless chain
E) observation

On Jul 23, 2024


D
SP

Answered

Product costs are:

A) expended as they are incurred.
B) inventoriable costs.
C) period costs.
D) expended as they are incurred AND inventoriable costs.

On Jun 27, 2024


B
SP

Answered

The extent of ethical concerns for MNCs cover concerns and practices EXCEPT:

A) only the highly industrialised nations need to be worried about industrial pollution of cities, hazardous waste disposal, and depletion of natural resources.
B) ISO 14000 provides guidelines for responsible environmental policies.
C) the use of child labour for work otherwise done by adults.
D) sweatshops which employ workers for very low wages, for long hours and in poor working conditions.
E) the world's citizenry increasingly expects global corporations to respect the natural environment and to pursue sustainable industrial practices.

On Jun 23, 2024


A
SP

Answered

Properly designed weighted application and biographical information blanks are especially useful when selecting for certain occupations such as insurance agents, engineers, and sales clerks.

On May 28, 2024


True
SP

Answered

What does big data refer to?

A) Limited amounts of information that are often collected in real time and can come from a wide variety of sources, particularly digital
B) Limited amounts of information that are often collected over time and can come from a wide variety of sources, particularly digital
C) Copious amounts of information that are often collected over time and can come from a wide variety of sources, mostly from experts
D) Copious amounts of information that are often collected in real time and can come from a wide variety of sources, particularly digital
E) Copious amounts of information that are often collected in real time and can come from a wide variety of sources, mostly from experts

On May 24, 2024


D