Since the 1960s, the Income Associated with the 80th Percentile

question 29

Multiple Choice

Since the 1960s, the income associated with the 80th percentile has ________ and the income associated with the 20th percentile has ________.

• A) risen, risen
• B) stayed roughly the same, risen
• C) fallen, risen
• D) risen, stayed roughly the same

---

Definitions:

Delivery Dates

The specific days on which products or services are scheduled to be delivered to the customer.

Need Recognition

The initial stage in the buying process where a consumer identifies a need or problem that requires a solution.

RFP Process

The process involving the request for proposal, where organizations solicit bids from potential vendors or service providers for a specific project or procurement.

Business Buyers

Entities such as companies and organizations that purchase products or services for use in the production of other goods and services, for resale, or for the organization’s own use.