MKTG Mini test 7-11

MKTG Mini test 7-11 - MKTG043101-F10R: Mini test 7

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

View Full Document Right Arrow Icon
1 Marks: 1 Choose one answer. a. $10.25 b. $4.70 c. $5.30 d. $10.50 e. $10.00 2 Marks: 1 Choose one answer. a. leading market share b. no competition c. social responsibility d. profits e. value. 3 Marks: 1 Choose one answer. a. A small change in price will have no effect on quantity demanded b. Demand will increase at all price levels c. A small change in price will lead to a large change in quantity demanded. d. Demand will decrease at all price levels e. A small change in price will lead to a small change in quantity demanded 4 Mini test 7 Review of attempt 11 Finish review Started on Friday, October 22, 2010, 10:31 AM Completed on Friday, October 22, 2010, 10:41 AM Time taken 9 mins 48 secs Grade 7 out of a maximum of 10 ( 70 %) 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 average revenue? Marks for this submission: 0/1.
Background image of page 1

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

View Full DocumentRight Arrow Icon
Image of page 2
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 7-11 - MKTG043101-F10R: Mini test 7

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

View Full Document Right Arrow Icon
Ask a homework question - tutors are online