Which Component of the Distribution Mix Do Agents and Brokers

question 6

Multiple Choice

Which component of the distribution mix do agents and brokers represent in exchange for receiving commissions?

• A) producers
• B) consumers
• C) retailers
• D) industrial users
• E) other intermediaries

---

Definitions:

Imports

Goods or services brought into one country from another for sale or use.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.

Trade Deficit

The economic condition that arises when a country imports more goods and services than it exports.