)when an isocost line is just tangent to an isoquant, we know that: a) output is being produced at minimum cost. b) the two products are being produced at the highest input cost to the firm. c) the two products are being produced at the least input cost to the firm. d) output is not being produced at minimum cost.

Grace period is a period of time before the credit card company starts charging late fees. truefalse

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d. select short-term savings instruments to lock in earnings at a current high rates.

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?