Which of the Following Terms Refers to Finding the Most

question 85

Multiple Choice

Which of the following terms refers to finding the most effective techniques for communicating information about and selling a product?

• A) Market share
• B) Advertising
• C) Promotion
• D) Profit management
• E) Customer relations

---

Definitions:

Supply and Demand

A fundamental economic model that explains how the price and quantity of goods and services are determined in a market through the interaction of suppliers and consumers.

Equilibrium Quantity

The amount of goods or services supplied that is exactly equal to the amount of goods or services demanded at a given price.

Multi-Touch Screens

Interactive display technology that recognizes simultaneous touches by one or more users, enabling gestures and interaction with content.

Supply of Electronic Tablets

The total quantity of electronic tablets that manufacturers are willing and able to sell at a given price level in a given time period.