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Business Customers Are Larger Than Individual Consumers,so Each Business Customer

question 33

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Business customers are larger than individual consumers,so each business customer is more important to the financial success of the business marketer.


Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand.

Free Trade

An economic policy that allows imports and exports between countries without tariffs, quotas, or other restrictions.

Domestic Price

The price of goods or services within a country's borders, exclusive of international factors.

World Price

The price at which goods trade on the international market, reflecting the global balance of supply and demand for those goods.

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