Which of the Following Is the Best Example of an Intermediate

question 89

Multiple Choice

Which of the following is the best example of an intermediate good?

• A)A new highway
• B)The commission that goes to a real estate agent
• C)Wax purchased by a candle company
• D)Wheat sold to a foreign country

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Definitions:

Selling Points

Key features or benefits of a product or service that are highlighted to attract and convince potential buyers.

Extensive Decision Making

Decision-making characteristic of buyers who are unfamiliar with a specific product and who must therefore become highly involved in the decision-making process.

Trial Close

A technique used in sales to gauge a potential customer's interest or likelihood of making a purchase before the deal is finalized.

High-involvement

A term referring to situations or purchase decisions where the consumer spends a lot of time and effort considering and making the decision due to the significance of the outcome.