Before Attending a Recent Trade Show,a Police Officer Had Wished

question 32

Multiple Choice

Before attending a recent trade show,a police officer had wished there was a gadget that he could subtly use to check the alcohol levels of car drivers and passengers that he pulled over for traffic infractions,but never thought he would.At the show,he discovered a flashlight made by KAS Systems that could be used to check alcohol levels without anyone knowing what he was doing.Prior to the show,the KAS system was a(n) for the police officer.

• A)shopping product
• B)convenience product
• C)unsought product
• D)homogeneous product
• E)specialty product

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Definitions:

Mixed Costs

Expenses that contain both fixed and variable components, changing in total with the level of activity.

Contribution Margin

The amount left from sales revenue after variable costs are subtracted, contributing to covering fixed costs and generating profit.

Merchandising Company

Businesses that buy finished goods and sell them at a profit without modifying the product, focusing on distribution rather than production.

Sales Revenue

The income generated from the sale of goods or services before any costs or expenses are deducted.