Price discrimination is permissible if the seller manufactures different qualities of the same product for different retailers and can prove that the price difference is proportional

Indicate whether the statement is true or false

TRUE

Business

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Small businessses with a website face less competition on the Internet than in the regular marketplace

Indicate whether the statement is true or false

Business

Prince Co.'s inventory turnover ratio is 30.4. Its inventory conversion period is

A) 12 days. B) 30.4 days. C) 2.5 days. D) There is not enough information.

Business