Which of the Following Is NOT Relevant Regarding Why Some

question 62

Multiple Choice

Which of the following is NOT relevant regarding why some consumers prefer one retailer over another?

• A) Convenience.
• B) Shopping atmosphere.
• C) Assortment carried.
• D) Service.
• E) All of these choices can be relevant.

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Definitions:

Antiques

Objects of considerable age valued for their artistic, historical, or collectible qualities.

Pricing Power

The ability of a company or an entity to dictate the price of its goods or services without losing market share to competitors.

Elasticities of Demand

Refers to various measures of how the quantity demanded of a good responds to changes in prices, income, or other goods' prices.

Segregate Market

The practice of dividing or separating markets into sections or categories based on consumer demographics, behaviors, or other characteristics.