Help Consumers Assess and Compare Services,marketers Try to Make Them

question 14

Multiple Choice

help consumers assess and compare services,marketers try to make them __________ or show the benefits of using the service.

• A) tangible
• B) intangible
• C) consistent
• D) timely
• E) measurable

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Definitions:

World Price

The global market price of a commodity, determined by international supply and demand.

Domestic Price

The price of goods or services within a country's borders, which can be influenced by local supply and demand factors.

Domestic Supply

The total amount of goods and services produced within a country's borders that are available for consumption or export.

Domestic Demand

The total demand for goods and services within a country's borders.