Use the Following to Answer Questions

question 173

Multiple Choice

Use the following to answer questions .
Exhibit: Simultaneous Shifts in Demand and Supply
-(Exhibit: Simultaneous Shifts in Demand and Supply) D₁ and S₁ are original supply and demand curves, and S₂ and D₂ are new curves. In this market, the original equilibrium changed from point ________ to point ________ .

• A) J; L
• B) L; J
• C) J; M
• D) J; K

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Definitions:

Coupons

Vouchers or codes that offer a discount or rebate on the purchase of products or services.

Arbitrary Approach

A method based on individual judgment or preference rather than objective logic or system.

Promotion Mix

The combination of promotional tools used by an organization, including advertising, sales promotion, public relations, personal selling, and direct marketing.

Objective And Task

A method in advertising and marketing involving the setting of objectives and determining the tasks necessary to achieve them.