_____ Are Considered to Be the Foundation of the Japanese

question 81

Multiple Choice

_____ are considered to be the foundation of the Japanese distribution system.

• A) Consumers
• B) Brokers
• C) Manufacturers
• D) Small retailers
• E) Wholesalers

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Definitions:

Market Demand

The total quantity of a product or service that all consumers in a market are willing and able to buy at various prices, given a period of time.

Related Goods

Products or services that are either complements or substitutes to one another, affecting each other's demand and supply.

Cost of Resources

The total expense incurred to acquire resources needed for production, including raw materials, labor, and capital.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a specified period.