If the Costs to Make 12 Cakes Total $1,200, the Average

question 25

Multiple Choice

If the costs to make 12 cakes total $1,200, the average cost is:

• A) $100.
• B) $120.
• C) $12,000.
• D) $14,400.

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Definitions:

Postpurchase Stage

The phase after buying a product or service where customers evaluate their purchase experience and form opinions that can impact future behavior.

Consumer Purchase Decision Process

The stages a consumer goes through when deciding to buy a product, typically including need recognition, information search, evaluation, purchase, and post-purchase evaluation.

Sales Promotion

Marketing activities—other than personal selling, advertising, and public relations—that stimulate consumer purchasing and dealer effectiveness, such as coupons, samples, and contests.

Coupons

Vouchers or codes offering a discount or rebate on a particular product or service.