MKTG Mini test 7-14

MKTG Mini test 7-14 - 1 Marks: 1 Choose one answer. a. 20...

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

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1 Marks: 1 Choose one answer. a. 20 b. 10 c. 34 d. 72 e. cannot be determined with this information 2 Marks: 1 Choose one answer. a. Fixed costs b. Opportunity costs c. Total costs d. Marginal costs e. Variable Costs 3 Marks: 1 Choose one answer. a. A small change in price will lead to a small change in quantity demanded b. A small change in price will have no effect on quantity demanded c. Demand will decrease at all price levels d. A small change in price will lead to a large change in quantity demanded. e. Demand will increase at all price levels 4 Mini test 7 Review of attempt 14 Finish review Started on Friday, October 22, 2010, 11:40 AM Completed on Friday, October 22, 2010, 11:46 AM Time taken 6 mins 14 secs Grade 10 out of a maximum of 10 ( 100 %) BruceCo is planning on selling backpacks for $100 each. The company can buy the backpacks for $30.00 and have them customized for $20.00. There is a one-time set up charge of $1,000 for customization. How many backpacks will BruceCo have to sell in order to break even? Marks for this submission: 1/1....
View Full Document

Page1 / 3

MKTG Mini test 7-14 - 1 Marks: 1 Choose one answer. a. 20...

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