Examlex

Solved

Which of the Following Is the Most Commonly Used Channel

question 154

Multiple Choice

Which of the following is the most commonly used channel for distributing business products?


Definitions:

GDP

Gross Domestic Product, a monetary measure of the market value of all final goods and services produced in a specific time period.

MPC

Marginal Propensity to Consume, the proportion of additional income that a consumer spends on purchasing goods and services, rather than saving.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period, indicating the size of its economy.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Related Questions