Introducing a new product to an established market segment through a unique positioning requires a thorough understanding of market competitors and their products

If the Fed increases reserve requirements, the demand for reserves ________ and the equilibrium federal funds rate ________

A) increases; drops B) decreases; rises C) decreases; drops D) increases; rises

On July 10, Boogie Footware agrees to a contract to sell 800 pair of flapper shoes for $16,000 to Twenties, Inc On September 1, after 500 pair of have been delivered, Boogie and Twenties modify the agreement to reduce the price of the remaining 300 pair of flapper shoes to $10 a pair. During September, Boogie delivers 200 pairs of shoes. How much revenue will Boogie recognize for the month of

September? A) $3,000 B) $2,000 C) $1,625 D) $1,375