________ Is the Form of Competition Where Distribution Is the Only

question 173

Multiple Choice

________ is the form of competition where distribution is the only element of the marketing mix that exerts much of an impact on the firm.

• A) Cross-market competition
• B) Limited competition
• C) Pure competition
• D) Monopolistic competition
• E) A monopoly

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Definitions:

Independent Variable

A variable in an experiment or model that is manipulated or changed to assess its effects on a dependent variable.

Scattergraph

A graphical representation used in cost accounting to show the relationship between a cost (dependent variable) and its driver (independent variable).

Contribution Margin Ratio

The proportion of sales revenue that remains after variable costs are subtracted, represented as a percentage of total sales.

Selling Price

The amount of money for which a product or service is sold to customers.