An Activity And/or Material That Offers Added Value or Incentive

question 172

Multiple Choice

An activity and/or material that offers added value or incentive to resellers, salespeople, or consumers is

• A) advertising.
• B) personal selling.
• C) public relations.
• D) sales promotion.
• E) packaging.

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Definitions:

Income

The financial gain received by an individual or household from various sources like work, investments, or benefits, over a period.

Budget Line

A budget line represents the combination of goods and services that a consumer can purchase given their income and the prices of those goods and services.

Price Of Clams

The market rate at which clams are bought or sold.

Horizontal Axis

In a graph or chart, the x-axis, representing the independent variable or baseline measurement criteria.