A _____ Is the Combination of Institutions Through Which a Seller

question 25

Multiple Choice

 A _____ is the combination of institutions through which a seller markets products to the user. 

• A) marketing node
• B) distribution channel
• C) sales consortium
• D) logistics organization

Understand the concepts of income inequality and utility distribution.

Recognize the trade-offs between economic efficiency and income equality.

Identify causes and evidence of income inequality in the United States.

Differentiate between income and wealth and their roles in economic analysis.

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Definitions:

Motivation

The psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort and a person's level of persistence.