Administrators at a university are planning to offer a summer seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment
Assume it costs $25 per student for the administrators to provide the course materials. If we know that 20 people will attend, what price should be charged per person to break even?
What will be an ideal response?
Answer: $175
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Kitchen dishcloths are often difficult to rinse clean and typically dry slowly. A company developed a disposable kitchen cloth that rinses easily and dries quickly
Because this is a brand new product to the market, it can be said to be in the ________ stage of its product life cycle. A) competitive B) trial C) introduction D) growth E) youth
How do consumer loans differ between those issued by finance companies and those issued by banks?
A) Loans made by finance companies are often riskier than those issued by banks. B) Consumer finance companies are typically owned by the manufacturer whose products are being financed. C) Both A and B of the above are correct. D) None of the above are correct.