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Two teachers purchased art supplies for their classes. One paid $103.45 for eight large boxes of crayons. The other teacher purchased ten identical boxes for $105.55. The second teacher got more for her money because she took advantage of a quantity discount, a reduced price for buying ten or more boxes. Which element of the marketing mix most directly relates to these purchases?
Social Mobility
The relocation of single people, families, or groups across different levels within a social hierarchy or stratification system.
Social Stratification
The arrangement of individuals in a society into hierarchical levels based on factors like wealth, power, and social status.
Global Middle Class
A socioeconomic group that is characterized by stable income, education, and employment levels, and is growing in numbers worldwide, particularly in developing nations.
Occupational Prestige
The collective respect, admiration, or perceived value that society allocates to various professions or occupations.
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