Build a Bear Is a Retailer Where Children Can Design

question 8

Multiple Choice

Build a Bear is a retailer where children can design and assemble a stuffed animal from walls of parts.Each child starts by deciding what animal they want.Then,the child moves to a place where the stuffing is added.Finally,the child moves to the area where the last accessories are added.Build-A-Bear is part of a recent trend in retailing referred to as::

• A) nonstore retailing
• B) m-commerce
• C) convenience retailing
• D) e-business
• E) adding interactivity

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Definitions:

Output

The amount of goods or services produced by a person, machine, factory, or company within a certain period.

Demand Schedule

A diagram indicating the volume of goods or services that consumers can and will buy at assorted prices.

Marginal Cost

The investment needed to make an extra unit of a good or service.

Average Cost

A measure of the total cost of production divided by the number of units produced, used to calculate the cost per unit.