Which of the Following Holds That Consumers Prefer Products That

question 105

Multiple Choice

Which of the following holds that consumers prefer products that are widely available and inexpensive?

• A) the product concept
• B) the production concept
• C) the selling concept
• D) the performance concept
• E) the marketing concept

---

Definitions:

Payroll Register

A payroll register is a comprehensive document that contains detailed information about the payroll of a company's employees, including wages, withholdings, and net pay.

Warranty

A guarantee provided by a seller to a buyer that a product will meet certain specifications or that defective products will be repaired or replaced.

Contingent Liability

A future financial liability that could arise based on the result of a certain event.

Payroll Register

A detailed document recording the payroll information of all the employees in a company, including wages, deductions, and net pay for each pay period.