Multiple Questions Answers
Validated Tutorials1. The curve that shows the relationship between different prices and the quantity requested at each price is the ________ curve.
A. demand
B. buying
C. supply
D. equilibrium
2. The method of determining the minimum sales volume needed at a certain price level to cover all costs is
A. breakeven analysis.
B. equilibrium pricing.
C. market share analysis.
D. return on sales.
3. Student A says that if you're going to prepare alternative course of action, you need to do strategic planning. Student B says that if you're going to prepare alternative courses of action, you need to do contingency planning. Which student is correct?
A. Student A only
B. Student B only
C. Both
D. Neither
4. Price auctions on eBay are an example of
A. e-business.
B. communication.
C. entertainment.
D. information.
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