Which of the following would be an example of a reverse auction?
A. Direct buyer- seller bidding
B. Blind bidding on consumer's perceived value
C. Suppliers bidding for contracts
D. Distributors bidding on territories
E. All of the above
C
Business
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Refer to the instruction above. What volume of output will be necessary for an annual profit of $60,000?
A) 2,000 units B) 3,000 units C) 6,000 units D) 20,000 units
Business
As of this year, Brad, age 50, has 40 credits under the Social Security program. These credits were all earned in the last 10 years. What is Brad's insured status under the program?
A) He is currently and fully insured. B) He is currently insured, but not fully insured. C) He is fully insured, but not currently insured. D) He is neither currently insured nor fully insured.
Business