In ________, the producer marks the reduced prices directly on the label or package. These offer consumers savings off the regular price of a product and are very effective in stimulating short-term sales
A) promotional products
B) coupons
C) cents-off deals
D) samples
E) rebates
C
Business
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Ten years ago a corporation purchased a building for $160,000. At that time, the corporation felt that the business was worth $185,000. The current market value of the business is $460,000
The building has been assessed at $435,000 for property tax purposes. At which amount should the corporation record the building in its accounting records? A) $160,000 B) $185,000 C) $435,000 D) $460,000
Business
A(n) ________ is a good or service that consumers purchase frequently with little or no advance planning
A) specialty product B) unsought product C) shopping product D) convenience product E) generic product
Business