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Word-Of-Mouth Communication About a Service May Be Either Personal or Nonpersonal,but

question 37

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Word-of-mouth communication about a service may be either personal or nonpersonal,but it is always verbal.


Definitions:

Plaster

A mixture of lime, sand, water, and sometimes other materials, applied to walls and ceilings to create a smooth or decorative surface.

Labor

The effort by humans to produce goods or provide services in exchange for wages or salary.

Equilibrium Price

The price at which the quantity of a good or service demanded equals the quantity supplied, leading to market balance.

Interest Rate

The percentage of an amount of money charged for its use over a specified period of time, often expressed as an annual percentage.

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