Which Products Are Purchased with Little Shopping Effort and Regularly,usually

question 19

Multiple Choice

Which products are purchased with little shopping effort and regularly,usually with little planning,and require wide distribution.

• A)convenience
• B)specialty
• C)branded shopping
• D)generic

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Definitions:

GDP

Gross Domestic Product, the total monetary value of all final goods and services produced within a country's borders in a specific time period, a primary indicator of economic health.

NDP

Net Domestic Product, a measure of a country's economic output that accounts for depreciation, representing the net value of all goods and services produced within a country's borders in a given time period.

Transfer Payments

Payments made by the government to individuals without any goods or services being received in return, such as welfare or unemployment benefits.

Intermediate Goods

Products used as inputs in the production of other goods, including raw materials, components, and completed inventory.