Devry ACCT434 Week 5 quiz

Jul 29th, 2016
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Question 1.1.(TCO 7) When companies do not want to use market prices or find it too costly, they typically use __________ prices, even though suboptimal decisions may occur.(Points : 3) average-cost full-cost long-run cost short-run average cost Question 2.2.(TCO 7) The price of movie tickets for opening day and the few days following compared to the price six months later is an example of(Points : 3) price gouging. peak-load pricing. dumping. demand elasticity. Question 3.3.(TCO 7) The amount of markup percentage is usually higher if (Points : 3) demand is elastic. competition is intense. there is idle capacity. demand is strong. Question 4.4.(TCO 7) An understanding of life-cycle costs can lead to(Points :3) additional costs during the manufacturing cycle less need for evaluation of the competition cost-effective product designs that are easier to service mutually beneficial relationships between buyers and sellers. Question 5.5.(TCO 7) Each month, Haddon Company ha

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Devry ACCT434 Week 5 quizQuestion 1.1.(TCO 7) When companies do not want to use market prices or find it too costly,they typically use __________ prices, even though suboptimal decisions may occur.(Points : 3)average-costfull-costlong-run costshort-run average costQuestion 2.2.(TCO 7) The price of movie tickets for opening day and the few days followingcompared to the price six months later is an example of(Points : 3)price gouging.peak-load pricing.dumping.demand elasticity.Question 3.3.(TCO 7) The amount of markup percentage is usually higher if (Points : 3)demand is elastic.competition is intense.there is idle capacity.demand is strong.Question 4.4.(TCO 7) An understanding of life-cycle costs can lead to(Points :3)additional costs during the manufacturing cycleless need for evaluation of the competitioncost-effective product designs that are easier to servicemutu

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