Ureshi Toys selling its products to Topsy Turvey Toys is an example of ________
A) outsourcing
B) insourcing
C) exporting
D) importing
C
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Which of the following ask can be on licensed real estate agent perform?
A) Put together information for an advertisement. B) Solicit clients for the agent. C) Answer client questions about the transaction. D) Respond to inquiries on the Internet.
Which of the following is true of variable cost advantage?
A) Scale effect occurs for a manufacturer who doubles production capacity. B) Businesses with a substantial market share advantage generally achieve a higher unit cost. C) As volume increases, the cost per unit generally increases. D) A larger unit volume allows for production that lowers the per-unit manufacturing cost, thereby creating a scope effect. E) As a business builds more of the same product, there is a greater opportunity for scale effects.