Economic needs are concerned only with getting the best quality at the lowest price.
Answer the following statement true (T) or false (F)
False
Economic needs are concerned with making the best use of a consumer's time and money, as the consumer judges it. Some economic needs are economy of purchase or use, efficiency in operation or use, dependability in use, improvement of earnings, and convenience.
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If benefits from a product are not correctly matched with the product’s price, then ______.
A. the product is likely to succeed B. the product’s life cycle is likely to be extended C. this may be a violation of government regulations governing product launch D. the product is doomed to failure
In the context of a survey, which of the following terms represents the span between the highest and lowest values?
A) Mean B) Median C) Mode D) Range E) Volatility
All tasks should be labeled as high priority.
Answer the following statement true (T) or false (F)
One drawback of online magazines is that they do not provide advertisers with the opportunity for sponsorships.
Answer the following statement true (T) or false (F)