One of the Major Problems That Is Dampening the Effect

question 70

Multiple Choice

One of the major problems that is dampening the effect of international trade shows is:

• A)they are becoming too expensive to attend.
• B)they are not as productive as they once were with respect to marketing.
• C)governments are now putting pressure on companies to stay away from certain trade shows as an extension of foreign policy.
• D)the wrong type of customers are beginning to dominate trade shows.
• E)many buyers are becoming less enthusiastic about buying as a result of attending a trade show.

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Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers.

Marginal Cost

The added cost of producing one additional unit of a product or service.

Mineral Water

A type of water that contains various minerals and is often bottled and sold for consumption.

Monopsonist

A market condition where there is only one buyer facing many sellers, giving the buyer substantial control over the market price.