One drawback of nondirect distribution is higher prices
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: The more members in the channel, the more intermediaries making a profit by charging a markup or commission, the higher the final price.
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Some observers have argued that American industry and the American economy as a whole will be strengthened by offshoring activities to workers in India or other nations that have comparative advantages in areas such as labor costs.
a. true b. false
Samuelson Engines wants to save $750,000 to buy some new equipment six years from now. The plan is to set aside an equal amount of money on the first day of each quarter starting today. The firm can earn 4.75 percent on its savings. How much does the firm have to save each quarter to achieve its goal?
A. $26,872.94 B. $26,969.70 C. $27,192.05 D. $27,419.29 E. $27,911.08