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QUESTION 23 The business market is characterized as having O many customers, geographically dispersed. longer decision cycles. O smaller total dollar amounts due to fewer transactions. O more reliance on advertising, Web sites, and retailing. O more reliance on mass marketing. QUESTION 24 A(n) occurs when a purchaser buys the same product in the same quantities from the same vendor. O modified rebuy O alternative buy O gatekeeper O purchasing agent straight rebuy QUESTION 25 Commerce conducted electronically over the Internet is known as O dot-commerce O e-commerce Google mart Web commerce O Internet merchandisingRemaining Time: 22 minutes, 27 seconds. Question Completion Status 0 0.01656 QUESTION 5 The service time for customers coming through a checkout counter has mean 1 5 minutes and variance 1 minutes. Find the probability that the average (mean) service time for 100 customers to get service will be less than 1 2 minutes. O 0.0017 O 0.0712 0 0,0028 0 0.0013 QUESTION 6 The following information represents age x.(In months) and weight y,(In lbs) of 12 children. 0579% (10 marks) Answer the following: a. MPC = .?.What is the government spending multiplier? h. MPC = .85.What is the tax multiplier? c. If the government spending multiplier is 5, what is the tax multiplier? d. If the tax multiplier is -3, what is the government spending multiplier? e. If government purchases and taxes are increased by $150 billion simultaneously, what will the effect he on equilibrium output (income)? QUESTION 23 C.+1+X+G C+1+X C Aggregate Expenditures 0 Y Y2 Y3 YA Y5 GDP Refer to the diagram. If the full-employment GDP is Ya, government should incur neither a deficit nor a surplus. increase taxes and government spending by equal amounts. reduce taxes and increase government spending. increase taxes and reduce government spending. QUESTION 24 Click Save and Subput to save and submit. Click Save All Ansavers to save all and Save All MacBooks