C FOB delivered D FOB sellers factory freight prepaid E FOB mill Your answer

C fob delivered d fob sellers factory freight prepaid

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C. F.O.B. delivered. D. F.O.B. seller's factory--freight prepaid. E. F.O.B. mill. Your answer was E.The correct answer is D.Your answer was incorrect.Chapter 18 Entry Level QuizMultiple Choice1. The markup approach to price setting used by most intermediaries: A. makes little sense--given the large number of items carried and the small sales volume of any one item. B. is very inflexible because the same markup percent must be applied to all products. C. often uses the trade (functional) discount allowed by the manufacturer. D. is quite complicated--because each product has a different delivered cost. E. All of the above. Your answer was C.Your answer was correct.--------------------------------------------------------------------------------2. With respect to markups and turnover, a marketing manager should be aware that: Your answer was E.Your answer was correct.
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Sheet1Page 31--------------------------------------------------------------------------------3. Average-cost pricing: Your answer was E.Your answer was correct.--------------------------------------------------------------------------------4. Average-cost pricing will result in larger than expected profit: Your answer was B.Your answer was correct.--------------------------------------------------------------------------------5. Trying to find the most profitable price and quantity to produce: A. requires average-cost pricing. B. requires an estimate of the firm's demand curve. C. is easy once the average fixed cost is known. D. is only sensible if demand estimates are exact. E. All of the above are true. Your answer was B.Your answer was correct.--------------------------------------------------------------------------------6. An equipment producer is introducing a new type of paint sprayer to sell to automobile body-repair shops. The sprayer save
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Sheet1Page 32Your answer was E.Your answer was correct.--------------------------------------------------------------------------------
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  • Spring '08
  • Baker
  • Marketing, Correct Answer

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