Distribution Channels Add Value for Customers Because They

question 89

Multiple Choice

Distribution channels add value for customers because they:

• A)are the most important component of product promotions
• B)conduct multiple quality reviews for a product
• C)do not include external entities or vendors
• D)get products to buyers quickly and at low cost
• E)are crucial only for technical offerings of products

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Definitions:

ATC

Average Total Cost, which is the total cost of production divided by the number of goods produced, representing the cost per unit of output.

Break-Even Point

The point where total costs equal total revenue, meaning no profit or loss is incurred.

MC

Stands for Marginal Cost, which is the cost of producing one additional unit of a good or service.

ATC

Average Total Cost, which is the total cost per unit of output incurred when producing goods or services. It includes both fixed and variable costs.