Marketing Intermediaries That Solicit Orders from Retailers or Other Wholesalers

question 24

Multiple Choice

Marketing intermediaries that solicit orders from retailers or other wholesalers and have the products delivered directly from the producer to the buyer are known as

• A) drop shippers.
• B) truck jobbers.
• C) channel captains.
• D) merchandise agents.

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Definitions:

Quantity Supplied

The complete quantity of a product or service that producers are prepared and can offer for sale at a certain price during a particular timeframe.

Economy Moves

Refers to changes or shifts in the economic activities and conditions within a country or region.

Demand

How much of a good or service that individuals are eager and financially able to buy at differing prices throughout an established period.

Equilibrium Price

The market price at which the supply of an item equals the quantity demanded, leading to economic stability for that item.