The cost justification defense to price discrimination applies only to the cost of manufacture, not

to shipping or advertising.

Indicate whether the statement is true or false

FALSE

Business

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Jeremy's, a handbag manufacturer in Lower Manhattan, procures a large stock of leather in anticipation of brisk sales of handbags during December. This is an example of a(n) ________ demand

A) composite B) derived C) primary D) latent E) inelastic

Business

The XYZ Manufacturing Co. uses a gain sharing plan that gives incentives to employees to finish products rather than to incentivize dollar savings. Therefore, this company measures productivity as the ratio of standard labor hours and actual labor hours

Which kind of gain sharing program does XYZ Manufacturing Co. use? A) Improshare B) Rucher C) Scanlon D) SVOP

Business