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What Four Factors Are Required for Marketing to Occur

question 167

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What four factors are required for marketing to occur?


Definitions:

Disposable Income

The sum of funds households can allocate towards savings or expenditure once income taxes are deducted.

Minimum Wage

The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.

Federal Minimum Wage

The lowest legal hourly wage that employers can pay to workers in the United States.

States

Governments that exercise authority and governance over defined geographic territories and populations.

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