Firms focusing on cost leadership tend to find the lowest cost location for their manufacturing facilities, but only if that means locating very far from the markets they serve

Indicate whether the statement is true or false.

Answer: FALSE

Business

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In the scenario, how does Herb segment his market?

A) values B) usage rate C) income D) geographically E) demographically

Business

Erin has a tax credit of $100 and a marginal tax rate of 28 percent. Erin's income tax liability will be reduced by how much as a result of the credit?

A) $100 B) $128 C) $28 D) $2,800

Business