What Type of Brand Is Colgate Toothpaste an Example Of

question 95

Multiple Choice

What type of brand is Colgate toothpaste an example of?

• A) family brand
• B) individual brand
• C) generic brand
• D) private brand

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Definitions:

Consumption

The application of goods and services by domestic units.

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on investment.

Income

Earnings received by an individual or entity, typically through wages, investments, or business activities, over a certain period.

Utility Function

A form of mathematical model that orders a person's preferences across a range of products and services.