Both consumers and businesses have market needs, and the factors influencing their needs are essentially the same

Indicate whether the statement is true or false

FALSE

Business

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Which company had the highest number of days of receivables for the year 20X1?

Mary Gonzales is evaluating companies in the office supply industry and has compiled the following information: 20X1 20X2 Company Credit Sales ($) Average Receivables Balance ($) Credit Sales ($) Average Receivables Balance ($) A 5.0 million 1.0 million 6.0 million 1.2 million B 3.0 million 1.2 million 4.0 million 1.5 million C 2.5 million 0.8 million 3.0 million 1.0 million D 0.5 million 0.1 million 0.6 million 0.2 million Industry 25.0 million 5.0 million 28.0 million 5.4 million A. Company A. B. Company B. C. Company C.

Business

Madame Tussaud's wax museum is a popular tourist attraction in London. The museum charges higher entry rates for tourists compared to locals. This form of price discrimination is known as ________

A) customer-segment pricing B) image pricing C) location pricing D) special customer pricing E) special event pricing

Business