MKTG Mini test 7-9

# MKTG Mini test 7-9 - MKTG043101-F10R Mini test 7...

This preview shows pages 1–2. Sign up to view the full content.

1 Marks: 1 Choose one answer. a. If prices increase, customers will spend less b. If prices increase, customers will buy less c. If prices increase, customers will buy more d. If prices decrease, customers will spend less e. If prices increase, customers will buy elsewhere 2 Marks: 1 Choose one answer. a. Price b. Expense c. Value d. Barter e. Revenue 3 Marks: 1 Choose one answer. a. \$10.50 b. \$4.95 c. \$5.55 d. \$10.25 e. \$10.00 4 Mini test 7 Review of attempt 9 Finish review Started on Friday, October 22, 2010, 09:48 AM Completed on Friday, October 22, 2010, 09:53 AM Time taken 5 mins 11 secs Grade 8 out of a maximum of 10 ( 80 %) The law of demand (which is the basis of the demand curve) says? Marks for this submission: 1/1. _________ is what is given up in an exchange to acquire a good or service? Marks for this submission: 1/1. Last year, BruceCo sold 1000 coffee cups for \$10 each. This year, the company is planning on selling 1500 coffee cups. In order to cover the additional investment they will charge \$10.50 for the first 500 cups, \$10.25 for the second 500 cups and \$10 for the last 500. Each cup costs \$4.70 to produce. What is the marginal profit for the 700th cup? Marks for this submission: 0/1.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 02/23/2012 for the course MKTG 431 taught by Professor Brucerobertson during the Fall '07 term at S.F. State.

### Page1 / 3

MKTG Mini test 7-9 - MKTG043101-F10R Mini test 7...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online