A common criticism of the marketing system is that intermediaries ________
A) are too few in number
B) mark up prices beyond the value of their services
C) provide only essential services
D) undervalue their service costs
E) are overly protective of manufacturers' interests
B
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A company that sells multiple products will always set sales prices such that all products have the same contribution margin
Indicate whether the statement is true or false
Which of the following is not presumed by the comparative norm principle of wage determination?
a. it is good practice to keep up with the crowd, as regards wages, but not necessarily to lead it b. all firms have the same capacity to meet economic demands c. there is safety for employee relations in keeping labor costs and wage rates consistent with local and industrial patterns d. None of the above.