"Discrepancies of Assortment" Means

question 270

Multiple Choice

"Discrepancies of assortment" means:

• A) there are more producers than consumers.
• B) consumers want more output than producers make.
• C) the difference between the product lines the typical producer makes and the assortment wanted by final consumers or users.
• D) there are more consumers than producers.
• E) the difference between the quantity of products the typical producer makes and the quantity wanted by individual consumers.

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Definitions:

Warranty of Merchantability

An implied guarantee that a product will meet the standard quality and performance expectations for goods of its kind.

Garage Sale

An informal, often temporary sale of used goods by private individuals, typically held at the seller's residence.

Express Warranty

A written or spoken promise from a seller about the quality or functionality of a product.

Salesperson's Statement

A formal or informal communication by a salesperson, intended to persuade or inform potential buyers about a product or service.