The Merchandise Inventory account is an expense account that is used only for goods purchased that the business owns and intends to resell to customers

Indicate whether the statement is true or false

FALSE

Business

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The practice of tailoring products and marketing programs to suit the tastes of specific individuals and locations is referred to as ________

A) niche marketing B) micromarketing C) segmented marketing D) global marketing E) undifferentiated marketing

Business

Bridget is considering how to get to work over the summer. She has two options. Option A is to buy a seasonal bus pass for $100. Option B is to pay $.25 for each ride. Identify the fixed and variable costs for each option

If she has to ride both to and from work, how many days of work would it take for the seasonal pass to cost the same amount as Option B?

Business