The Main Reason for Using the Midpoint Method Is That

question 2

Multiple Choice

The main reason for using the midpoint method is that it:

• A)gives the same answer regardless of the direction of change
• B)uses fewer numbers
• C)rounds prices to the nearest dollar
• D)rounds quantities to the nearest whole unit

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Definitions:

Density of Distribution

The extent or thoroughness of a product's availability across different outlets and locations.

Retail Outlet

A physical or digital store where consumers can purchase goods or services.

Target Market Coverage

The extent to which a business reaches its defined target market through its marketing efforts.

Intensive Distribution

A marketing strategy where a company aims to place its products in as many outlets as possible to achieve wide market coverage.