Suppliers need to think about the cost of production versus the revenue which will be received from selling their product, and the change in profit which will be realized at different points on the schedule. This is called the:

A. Demand Curve
B. Supply Line
C. Law of supply
D. Law of demand
E. Demand Schedule

Ans: C. Law of supply

Business

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An advertisement by 1st Source Mortgage provides information about a fall special in which a consumer can obtain a free mortgage analysis by calling or e-mailing 1st Source Mortgage. The advertising goal of this advertisement is to:

A) encourage action B) inform C) persuade D) support other marketing efforts

Business

It is legal to compare an applicant's scores only to members of his or her own racial subgroup and set separate passing or cutoff scores for each subgroup

Indicate whether the statement is true or false

Business