The Relationship Between a Product Line and Product Mix Is

question 338

Multiple Choice

The relationship between a product line and product mix is

• A)product mixes can include product lines.
• B)product lines can include product mixes.
• C)product lines refer to consumer products; product mixes refer to industrial products.
• D)product mixes refer to consumer products; product lines refer to industrial products.
• E)there is no significant difference other than minor product variations of color, size, or form.

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Definitions:

Fractions

Numerical quantities that represent a part of a whole, typically in the form of 'numerator/denominator'.

Linear Equations

Equations of the first degree, meaning they involve only first-degree variables and constants, typically having a straight line as their graph.

Method Of Elimination

A technique used in solving systems of equations where one variable is eliminated by adding or subtracting the equations in order to solve for the other variable.

Fractions

A way of representing parts of a whole or a division of quantities.