Business Customs Can Be Grouped Into

question 30

Multiple Choice

Business customs can be grouped into:

• A) rigid, flexible, and negotiables.
• B) internals, externals, and consensual customs.
• C) imperatives, electives, and exclusives.
• D) national, foreign, and international.
• E) unilateral, bilateral, and multilateral.

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Definitions:

Sodas

Carbonated beverages, often sweetened and flavored, forming part of the non-alcoholic drinks market.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service.

Marginal Utility

The added satisfaction a consumer gets from consuming one additional unit of a good or service.