Which of the following approaches to pricing does not consider demand?
A) Value in use pricing
B) Negotiated pricing
C) Price sensitivity
D) Reference prices
E) Break-even analysis
Answer: E) Break-even analysis
Break-even analysis considers total fixed cost and fixed cost contribution per unit but does not account for demand in the market.
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The ________ states that once a copy of a copyrighted work is in circulation, the author has no further right to control its distribution
A. common origin doctrine B. exhaustion of rights doctrine C. rule of reason D. first sale doctrine
Ruskin stated that the true veins of wealth might be purple for which of the following reasons?
a. This color is often associated with royalty b. Blood in the veins is purple and people are the true source of wealth c. Purple is the color of the most valuable gems d. Purple is the combination of brown and red corresponding to the earth and the sun, respectively