Channel Conflict Is Also Referred to as _____

question 58

Multiple Choice

Channel conflict is also referred to as _____.

• A) Web conflict
• B) account aggregation
• C) cannibalization
• D) knock down

---

Definitions:

Supply

represents the total amount of a product or service that is available for purchase at any given price in a market.

Price Change

Price change refers to the variation in the cost of goods and services over time.

Equilibrium Price

The price in a competitive market at which the quantity demanded and the quantity supplied are equal, there is neither a shortage nor a surplus, and there is no tendency for price to rise or fall.

Relatively Inelastic

Describes a situation where the demand for a good or service changes by a smaller percentage than changes in its price, indicating consumers' less sensitive response to price changes.