Customers typically shift to a new technology in large numbers once the new technology improves to the point where it surpasses the old technology on the dimensions that customers' value
Indicate whether the statement is true or false
True
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Bee Well is one of three suppliers of portable toilets located near the border between Oregon and California. All three companies operate in both states. Bee Well charges different prices to different customers depending on the distance to the locale and the number of units rented. This is:
a. a violation of the Clayton Act because charging different rates is a per se violation. b. not a violation of Section 1 of the Sherman Act because Bee Well can justify charging the different rates. c. a violation of Section 1 of the Sherman Act because charging different rates is a per se violation. d. not a violation of the Clayton Act because Bee Well can justify charging the different rates.
The People's Republic of China (PRC) made economic reforms in the 1980s to encourage international trade. What impact have these reforms made on accounting?
A. Increased the demand for accounting information from investors B. Increased the supply of publicly available accounting information from Chinese companies C. Changed the nature of auditing in the PRC D. All of the above are true.