Manufacturers' Agent Are Agents Who

question 246

Multiple Choice

Manufacturers' agent are agents who

• A) represent a single producer and carry all products in the producer's lines.
• B) work for several producers and carry noncompetitive, complementary merchandise in an exclusive territory.
• C) take title to merchandise but sell only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for merchandise.
• D) own the merchandise they sell but do not physically handle, stock, or deliver it.
• E) furnish the racks or shelves that display merchandise in retail stores, perform all channel functions, and sell on consignment to retailers.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded; market balance.

Trade

The exchange of goods or services between individuals, organizations, or countries.

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A beverage made by brewing roasted coffee beans, the seeds found in the berries of the Coffea plant.

Counterarguments

Arguments presented in opposition to another argument, typically used to challenge or debate a point of view.