Field workers are generally paid an hourly rate or on a per-interview basis

Indicate whether the statement is true or false

TRUE

Business

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Tyler rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $100,000 and his target profit is $20,000. For Tyler, to earn his target profit, he will need to rent out ________ rooms.

A) 100 B) 20,000 C) 1,000 D) 1,500 E) It cannot be determined from the information provided.

Business

Which of the following occurs when products are imported into a country legally but outside the normal channels of distribution authorized by the manufacturer?

A) gray market B) parallel exporting C) black market D) price gouging

Business