How Do Intermediaries Most Likely Create Utility for End-Users

question 48

Multiple Choice

How do intermediaries most likely create utility for end-users?

• A) negotiating financing terms with wholesalers
• B) ensuring product availability and assortment
• C) developing large stocks of similar products
• D) creating timely promotional materials
• E) offering convenient online tools

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Definitions:

DVD Players

Electronic devices designed to play discs using the Digital Versatile Disc (DVD) format, often used for movies and other digital content.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Unregulated Market

A market where economic activities are freely carried out without governmental intervention in terms of prices, production, and distribution.

Shortage

A situation where the demand for a product or service exceeds the supply available at a specific price.