The Density of Distribution Whereby a Firm Tries to Place

question 205

Multiple Choice

The density of distribution whereby a firm tries to place its products or services in as many outlets as possible is referred to as __________.

• A)intensive distribution
• B)extensive distribution
• C)selective distribution
• D)exclusive distribution
• E)concentrated distribution

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Definitions:

Price

The amount of money required to purchase a good or service, determined by factors such as supply and demand.

Normal Good

A type of good for which demand increases when income increases, demonstrating a direct relationship between income and demand.

Consumer Incomes

The total earnings received by consumers, including wages, dividends, and other sources of income.

Demand Curve

A graphical representation showing the quantity of a product that consumers are willing and able to purchase at various prices.