Which of the following statements about marketing intermediaries is true? marketing intermediaries survive because they can perform marketing functions faster and more cheaply than producers and consumers. marketing intermediaries and their functions can be eliminated. all channels of distribution must contain at least one marketing intermediary. the costs added to products by marketing intermediaries usually exceed the value they add to products.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.