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Mattel, Inc.selects suppliers and obtains raw materials to make toys.The company is engaged in which function of marketing?
Marginal Product
The additional output produced by employing one more unit of a particular input, holding other inputs constant.
Rental Price
The cost associated with leasing or renting an asset, property, or service.
Capital Equipment
Long-term assets a business uses in the production of goods and services, such as machinery, buildings, and vehicles.
Equilibrium Wages
The salary level where the amount of work offered matches the amount of work sought in the employment market.
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