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Which of the Following Statements Describes the Relationship Between the Internet

question 91

Multiple Choice

Which of the following statements describes the relationship between the Internet and personal selling in an integrated marketing communications program?


Definitions:

Marginal Revenue

The additional financial return from selling a further unit of a good or service.

Marginal Cost

The increase in cost that arises from producing an additional unit of a good or service.

Profits

The financial gain made in a transaction or operation, calculated as the difference between revenue and costs.

Marginal Cost

The cost of producing one additional unit of a good or service, crucial for decision-making on output levels.

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