Which one of the following valuation techniques is not based on the value of marketed goods or services?
a. Hedonic pricing
b. Avoided cost valuation
c. Production function valuation
d. Contingent valuation
e. Engineering cost valuation
Ans: d. Contingent valuation
Economics
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For managers who know that they have no chance of meeting their goals, high powered sales goals
a. Give an incentive to spread out their sales into the year b. Give an incentive to accelerate costs or delay sales c. Give no incentive to accelerate sales or delay costs d. None of the above
Economics
In economics, utility is defined as
A) the want-satisfying power of a good or service. B) the usefulness of a good or service. C) the utilitarian value of a good or service. D) the objective measure of the desirability of a good or service.
Economics