While efficiency can exceed 100%, percent value-added time has a maximum of 100%

Indicate whether the statement is true or false.

Answer: TRUE

Business

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A "do-feel-learn" response sequence is considered appropriate when the audience has high involvement but perceives little or no differentiation within the product category

Indicate whether the statement is true or false

Business

A local restaurant sells lunch entrees for $7.95, $9.95, and $11.95. From this information, you can infer the restaurant uses which of the following?

A) price discrimination B) odd-even pricing and price lining C) dynamic pricing and price lining D) reference pricing and value pricing E) dynamic pricing and loss leader pricing

Business