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Tony is reviewing his team's proposed marketing plan for their company's newest model of computer keyboard. The section he's reading states that the keyboards will be introduced with in-store displays, a giveaway to encourage sales, and a social media campaign, all within the first month of implementing the plan. He must be reading about:
Market Output
The total quantity of goods and services produced and supplied by firms in a market at a given price level and time period.
External Benefit
A positive effect experienced by individuals or groups who are not directly involved in an economic transaction or activity.
Market Price
The existing rate at which an item or service may be traded or acquired in a commercial setting.
Market Output
The total amount of goods or services produced and offered for sale by businesses in a particular market.
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