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1. Which of the following is a nonmonetary cost associated with purchasing a car?

a. The interest rates on the car loan

b. The registration of the car

c. The excise taxes paid on the car

d. The recurring monthly installments for the car

e. The time taken to test drive various car models

2. ___ are commonly determined by ranking people into higher or lower positions of respect.

a. Social classes

b. Social roles

c. Reference groups

d. Market segments

e. Functional teams

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92198661

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