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Title: Coco chocolate manufacturers recently decided to gift one of its retailers a refrigerator. Why would ... Post by: hawkmom52 on Feb 27, 2018 Coco chocolate manufacturers recently decided to gift one of its retailers a refrigerator. Why would it want to do that?
a. To ensure the retailer knowledge of their generosity b. To ensure the retailers knowledge of their quality c. To ensure the freshness of the product that reaches their consumers d. To ensure the retailers decrease in price QUESTION 2 An individual in the US wants to buy office equipment from England which costs 2,800 pounds. If the exchange rate is 1.92/pound, how much will it cost him in dollar terms? a. 2,800 b. 5,376 c. 1,458 d. Need more information QUESTION 3 Which of the following statements concerning the short-run average cost curve of economic theory is true? a. It is L-shaped b. It is -shaped c. It is -shaped d. It is -shaped e. It is M-shaped QUESTION 4 The conditions in which vertical relationships can enhance a firm's ability to price discriminate include a. the manufacturer's product is of value to just one type of customer b. the costs of arbitraging the price difference across markets is large c. the manufacturer acquires the distributer in the higher priced market d. lack of competition provides the manufacturer with the ability to price above marginal cost QUESTION 5 Holding other things constant, an increase in the inflation rate in US compared to the Chinese economy may cause the demand for dollar to _____________ and the supply for dollar to __________. a. Increase; decrease b. Increase, increase c. Decrease; Increase d. Decrease; Decrease QUESTION 6 Which of the following statements about cost functions is true? a. Variable costs will always increase in direct proportion to the quantity of output produced. b. The less capital equipment employed in the production process relative to labor and other inputs, the longer will be the period of time required to increase significantly the scale of operation. c. The shape of the firm's long-run cost function is important in decisions to expand the scale of operations. d. none of the above QUESTION 7 The conditions in which vertical relationships can enhance a firm's ability to price discriminate include a. the manufacturer's product is of value to just one type of customer b. the costs of arbitraging the price difference across markets is large c. the manufacturer acquires the distributer in the lower priced market d. competition provides little ability for the manufacturer to price above marginal cost Title: Coco chocolate manufacturers recently decided to gift one of its retailers a refrigerator. Why would ... Post by: biogenik on Feb 27, 2018 Content hidden
Title: Coco chocolate manufacturers recently decided to gift one of its retailers a refrigerator. Why would ... Post by: hawkmom52 on Feb 27, 2018 Appreciate this a lot, answers were right.
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