All of the following options are reasons why the prices of goods and services deviate from the law of one price EXCEPT:

A) sticky prices.
B) speculation.
C) tariffs and quotas.
D) price index.

Answer: D

Business

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Suppose a firm’s sales for the year = $1200 and its average receivables balance is $200. What is the firm’s Accounts Receivable Turnover Ratio, expressed in days (not times per year)?

A. 0 days B. 61 days C. 30 days D. 90 days E. 6 days

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The ________ refer(s) to all the individuals and units that play a role in the purchase decision-making process

A) users B) influencers C) buying center D) gatekeepers E) systems sellers

Business