Americans place an extraordinary amount of importance on being involved and keeping busy. This is a widely accepted core value that relates to ________
A) achievement and success
B) freedom
C) efficiency and practicality
D) time and activity
E) external conformity
D
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Which of the following statements describes a price ceiling?
a. A price ceiling is a legal maximum on the price at which a good can be sold. b. A price ceiling is a legal minimum on the price at which a good can be sold. c. A price ceiling occurs when the price in the market is temporarily set at market equilibrium. d. A price ceiling occurs when the price in the market is temporarily above equilibrium.
Which of the following BEST describes the use of trade shows, conventions, and conferences to contact customers?
a. It has been decreasing in recent years. b. It is usually directed toward the consumer goods market. c. It is most effective for mature products. d. It costs much less per potential customer than personal sales calls.