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A Price Tactic That Requires the Purchaser to Absorb the Freight

question 113

Multiple Choice

A price tactic that requires the purchaser to absorb the freight costs from the shipping point is called _____.In this case,the farther buyers are from sellers,the more they pay because transportation costs generally increase with the distance merchandise is shipped.


Definitions:

Macroeconomics

The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate changes.

Individual Units

Individual units refer to the single, distinct items or entities that can be counted or measured, often used in reference to products or components in economics and various sciences.

Household

A basic economic unit consisting of all the individuals who live together and make joint decisions.

Industry

A group of companies or organizations producing similar goods or services, often characterized by competition and innovation.

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