Total mixed cost graphs intersect the y-axis at the level of fixed costs

The FTC has adopted a three-day cooling-off rule to give special protection to ________

A) customers who purchased because of deceptive advertising B) customers who purchased because of bait-and-switch tactics C) customers who were not seeking a product D) resellers who do not receive proportionately equal treatment from manufacturers E) resellers who are not covered by the Robinson-Patnam Act

In time studies, normal time is:

A) average observed time multiplied by a performance rating factor. B) larger than standard time. C) determined by historical experience. D) converted to standard time by the performance rating factor. E) one hour later during the summer months.