Which of the following statements is true about market metrics?
A) They involve using uniform benchmarks across all industries.
B) They provide qualitative data, and not quantitative data.
C) They always express the measurements as pie charts.
D) They measure market conditions and a business's performance in that market.
E) They are more advanced product-market metrics for companies that are dealing with pricing issues.
D
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Custom Furniture manufactures a small table and a large table
The small table sells for $900, has variable costs of $560 per table, and takes 10 direct labor hours to manufacture. The large table sells for $1,500, has variable costs of $1,000, and takes eight direct labor hours to manufacture. Calculate the contribution margin per direct labor hour for the small table. A) $340 per direct labor hour B) $50 per direct labor hour C) $34 per direct labor hour D) $56 per direct labor hour
After obtaining a listing, when requesting the seller's loan information from the lender, that written request should be signed by the:
A. Salesperson. B. Listing broker. C. Seller. D. Listing broker and salesperson, jointly.