Which Type of Distribution Means Limiting Distribution of a Product

question 53

Multiple Choice

Which type of distribution means limiting distribution of a product to a single outlet in a particular region?

• A) exclusive
• B) intensive
• C) selective
• D) independent
• E) insourced

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Definitions:

Total Utility

The overall satisfaction or happiness a consumer gets from consuming a particular quantity of goods or services.

Risk-neutral

A risk preference suggesting indifference between taking a risk with a potential gain or loss and a certain outcome with the same expected payout.

Utility

A measure of satisfaction, happiness, or benefit derived from consuming a product or service.

Decreasing Rate

A situation in which the rate or speed of some process or action diminishes over time.