Figure 4-27
Panel (a)
Panel (b) 
Panel (c)
Panel (d) 
-Refer to Figure 4-27. Which of the four panels illustrates an increase in quantity supplied?
Definitions:
Contractual Vertical Marketing System
A formal agreement among members at different levels of the distribution channel to work together in order to more efficiently reach the consumer.
Service-Sponsored Franchise System
A franchise model where the franchisor provides extensive services to the franchisee, such as training and marketing support.
Service-Sponsored Retail Franchise System
A franchise model where the franchisor provides a range of support services to the franchisee, typically in the retail sector.
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