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Identify three of the five costs of inflation.
Geographical Area
A specific physical region or space defined by natural or artificial boundaries.
Administered Vertical Marketing System
A coordinated marketing channel where a single member coordinates activities, without formal agreements, to increase efficiency and effectiveness.
Contractual Agreements
Legally binding contracts or understandings between two or more parties outlining the terms and conditions of a business arrangement.
Marketing Chain
A system of intermediaries or channels through which goods and services pass from the manufacturer to the end consumer.
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