Examlex

Solved

Which of the Following Is NOT a Variable That Would

question 131

Multiple Choice

Which of the following is NOT a variable that would be considered part of the offer in direct marketing?


Definitions:

Economic Decisions

Choices made by individuals, firms, or governments regarding allocation of resources to satisfy needs and desires.

Laissez-Faire Economy

An economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs, and subsidies.

Self-Interest

An individual’s personal gain; the drivers of economic behavior assuming that individuals act in pursuit of their own best interests.

Free-Market System

An economic system based on supply and demand with little or no government control.

Related Questions