Price skimming works best for which type of product?

A.

Products that haven't been advertised much

B.

Inexpensive products with many competitors

C.

Products with elastic demand

D.

High-end products with unique features

In a product layout, the bottleneck operation defines the capacity of the service. a. True b. False

There are 2.4 billion people in "severe" poverty with less than $2 of income per day. (a) What is the maximum combined income of this "severely" poor population?

As industrialization created a greater and greater surplus in the United States, people began the emphasize A. The consumption of goods rather than the production of goods. B. Productivity and investment of profits. C.

Which one of the statements below is true? Deposits in transit are deducted from the balance per the bank statement, and outstanding checks are added to the balance per the bank statement during the bank reconciliation process.

Red Barchetta Co. paid $28,130 in dividends and $29,193 in interest over the past year. During the year, net working capital increased from $13,842 to $18,569. The company purchased $43,540 in fixed assets and had a depreciation expense of $17,435.

What processes are needed in order to shape alternative design strategies for a system?

Over the past 40 years, technological advances have reduced the cost of computer chips. how do you think this has affected the market for computers? for computer software? for typewriters?

Which education savings plan can be used for the K through 12 expenses as well as post secondary expanses

What is a progressive income tax? a. Tax rate remains the same regardless of income. c. the average tax rate goes up when income goes up. b. The average tax rate goes down when income goes up. d. A tax that is measured at the margin.

In the market for used cars, the demand and supply equations are given by qd = 12,000 - 0.4p and qs = 0.1p + 5,000, where p is the price per car and q measures the quantity of cars. what happens at a price floor of $20,000?