Smash Walks into the Supermarket Looking for a Soft Drink

question 10

Multiple Choice

Smash walks into the supermarket looking for a soft drink.Looking at the shelf, he sees Coca-Cola, Sprite, 7-Up, Pepsi, and Fanta.This range is indicative of which dimension of the soft drink market?

• A)Temporal dimension
• B)Functional dimension
• C)Geographic dimension
• D)Product dimension

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Definitions:

Tariff

A tax on imports or exports between sovereign states.

Imports

Goods and services brought into one country from another for sale, typically subject to tariffs and trade agreements.

Buyers

Individuals or entities that purchase goods or services.

Import Quotas

Limits set by a government on the quantity or value of goods that can be imported into a country, often used to protect domestic industries from foreign competition.