Directions: Choose the Best Answer Based on the Information You

question 15

Multiple Choice

Directions: Choose the best answer based on the information you read in Chapter 3. ​ Which of the following parts of a textbook can be found near the beginning?

• A)glossary
• B)table of contents
• C)index
• D)appendix

---

Definitions:

Commission

A fee paid to an agent or employee for facilitating a sale or transaction.

Demand-oriented

A strategy or approach focused on meeting the needs and desires of consumers to drive product development and marketing efforts.

Expected Customer Tastes

Anticipations or predictions about the preferences and desires of customers in relation to products or services in the future.

Price Level

Denotes the average of current prices across the entire spectrum of goods and services produced in the economy.