Which of the Following Firms Would Be Most Likely to Use

question 76

Multiple Choice

Which of the following firms would be most likely to use a selective distribution strategy for its products?

• A) Newspaper publisher
• B) Maker of designer men's suits
• C) Super luxury car manufacturer
• D) Maker of snack foods such as potato chips and pretzels

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Definitions:

Gain From Trade

The benefits that parties obtain by exchanging goods or services through voluntary negotiation.

Barrels

A unit of volume measurement used in the oil industry, with one barrel equivalent to 42 U.S. gallons.

Oil

A fossil fuel used primarily for energy production and as a raw material in manufacturing.

Absolute Advantage

Refers to the ability of a country, individual, or firm to produce a good or service more efficiently than competitors, using fewer resources.