Which of the following describes a situation when skimming should be used?

A) when experience or scale effects lead to a favorable volume—cost relationship
B) when there is a strong price—perceived quality relationship
C) when a large segment of the customer base is price-sensitive
D) when the company wants to build significant market share

B

Business

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When a mutual mistake of value occurs, the contract remains enforceable by either party

Indicate whether the statement is true or false

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The value of a bond that pays semiannual interest is greater than that on an otherwise equivalent annual coupon interest paying bond

Indicate whether the statement is true or false

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