Which of the following products is marketed today according to the mindset popular during the production era?

A) clothing
B) bottled water
C) oil
D) automobiles
E) cell phones


Answer: C
Explanation: C) Oil, which is in tremendous demand today, fits the definition of a product marketed under the production concept.

Business

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The net marketing contribution and marketing and sales expenses of a business are $2 million and $725,000, respectively. Calculate the margin per unit if the business produces 100,000 units

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Business

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What will be an ideal response?

Business