Prices fixed under the perceived value approach are often not based on the actual cost of

manufacturing the product.

Indicate whether the statement is true or false

TRUE

Business

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The value of r2 can never decrease when more variables are added to the model

Indicate whether the statement is true or false

Business

A textile company grows its own sheep, harvests the wool, weaves the cloth, and manufactures the garments

which are marketed on its Internet website. This company is said to be A) vertically integrated. B) a bureaucracy. C) a conglomerate. D) modular.

Business