The Charge for the Use of the Summit of Mt

question 25

Multiple Choice

The charge for the use of the summit of Mt.Everest by a snow cone company (allowing that the sale of snow cones is the only activity the summit is useful for) is an example of:

• A)external economies.
• B)pure economic rents.
• C)backward-bending supply.
• D)the law of diminishing returns.
• E)none of the above.

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Definitions:

Marketing Mix

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Logo

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Pitch Session

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