The Statement "The New Maytag Washer Saves You Time,work,and Money

question 87

Multiple Choice

The statement "The new Maytag washer saves you time,work,and money," is an example of a(n) :

• A) feature.
• B) segmentation variable.
• C) advantage.
• D) benefit.
• E) market trait.

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Definitions:

Economic Well-being

Economic Well-being relates to the standard of living and quality of life experienced by an individual, group, or nation.

Software

Programs and operating information used by a computer, covering everything from application programs to operating systems.

Importer

A person or entity that buys goods or services from another country for sale or use in their own country.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to specialized production and trade.