_____ is the quantity of a product that will be offered to the market at various prices for a specified period.
A. Distribution
B. Supply
C. Price
D. Equilibrium
E. Elasticity
Answer: B
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You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now?
A. $11,973 B. $12,603 C. $13,267 D. $13,930 E. $14,626
Many companies have broadened their buying objectives to include an emphasis on
A. diversifying their product lines and brand extensions to reduce the risk of failure for any one item. B. proactively purchasing from minority-owned suppliers and vendors. C. purchasing from start-up firms to grow the economy. D. pricing freezes to maintain consistent quantities demanded from consumers. E. purchasing from as many vendors as possible to avoid component shortfalls.
Hybrids of traditional and nontraditional support media are used by traditional media to update their offerings for a new media environment.
Answer the following statement true (T) or false (F)
All of the following are components of Virginia Held’s model EXCEPT:
A. focuses on the importance of noting and meeting the needs of those we are responsible for. B. values emotions. C. specific needs and relationships take priority above universal principles. D. values integrity