According to the Concept of Efficient Congestion,dense Markets Can __________

question 12

Multiple Choice

According to the concept of efficient congestion,dense markets can __________ in the performance of several important distribution tasks.

• A) decrease the level of efficiency
• B) increase the level of efficiency
• C) promote the use of intermediaries
• D) reduce effectiveness
• E) make it impossible for firms to achieve efficiency

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Definitions:

Equation

A statement in mathematics that declares two expressions, often including variables and constants, to be equivalent.

Factor

A number or expression that divides another number or expression evenly, with no remainder.

Zero-Factor Property

The rule stating if a product of two or more factors is zero, at least one of the factors must be zero.

Equation

A pronouncement in mathematics asserting the equivalence of two expressions.