What is the effective annual rate of trade credit if the trade credit terms are 1/10, net 30?

Which of the following statements is true of product lines?

a. ?They require greater transportation and warehousing costs than product items. b. ?They limit the product choices offered to customers to one or two product items. c. ?They provide economies of scale in advertising. d. ?They increase a firm's manufacturing and inventory costs.

Metro Museum has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called ________ pricing

A) time-based B) location-based C) customer-segment D) by-product E) product form