The perception that a brand is different and better is called:

When rivalry between two organizations is bringing down prices in a market, the situation is

improved by the entrance of a third organization into the market. Indicate whether the statement is true or false

Tangshan Mining borrowed $100,000 for one year under a revolving credit agreement that authorized and guaranteed the firm access to $200,000

The revolving credit agreement had a stated interest rate of 7.5 percent and charged the firm a 1 percent commitment fee on the unused portion of the agreement. Based on this information, the effective annual interest rate on the loan is ________. A) 7.5% B) 8.0% C) 8.5% D) 9.0%