_____ Is a Low-Profile Yet Important Form of Retailing in Which

question 32

Multiple Choice

_____ is a low-profile yet important form of retailing in which consumers get products out of automated machines,and it accounts for billions of dollars worth of goods each year in the United States.

• A)Automatic vending
• B)Party-plan selling
• C)Direct marketing
• D)A pyramid scheme
• E)Professional selling

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Definitions:

Past Costs

Refers to expenses that have already occurred and cannot be recovered.

Marginal Costs

The supplementary cost that comes with producing an extra unit of a good or service.

Mass Affordability

The widespread ability of the average consumer to purchase goods and services, often due to lower prices or increased income levels.