The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage. b. the term "products" refers to tangible goods only. c. many service firms refer to their offerings as "products." d. the product decision includes the selection, definition, and design of products.

Because the demand for wheat tends to be inelastic. true or false

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

According to which act will be the person punished