-In the Above Figure, CBL Is the Cost of Breaking

question 83

Multiple Choice

-In the above figure, CBL is the cost of breaking the law. If the good in the figure is made illegal and penalties are imposed on both buyers and sellers, then its price per unit

• A) will be lower than if it was not illegal.
• B) cannot be compared with its price when it was legal.
• C) will be the same as when it was not illegal.
• D) will be higher than if it was not illegal.

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Definitions:

Place Strategy

An element of the marketing mix that focuses on the distribution channels and methods by which a product or service is delivered to consumers.

College Students

Individuals enrolled in a college or university to pursue a degree or certification.

Office Workers

Individuals who perform administrative or clerical tasks in an office setting, contributing to the functioning and management of a business or organization.

Sales Era

Refers to the historical period in marketing where the primary focus was on selling products through aggressive sales techniques, with less emphasis on customer needs or product quality.