A Marketing Decision,constraints Refer to

question 5

Multiple Choice

a marketing decision,constraints refer to

• A) the external factors affecting the number of people who can work on a solution to a problem.
• B) the number of possible alternatives in a company's solution set.
• C) the restrictions placed on potential solutions to a problem.
• D) the internal factors affecting whether to select one alternative over another.
• E) the internal factors that determine who in the organization ultimate selects the best solution to the problem.

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Definitions:

Marginal Cost

The cost incurred in producing one additional unit of a product or service.

Average Total Cost

The sum of all production costs divided by the quantity of output produced, representing the per-unit cost of production.

Mixers

Devices used for mixing components; in an economic context, could refer to firms or gadgets blending products in the market.

Range of Output

The difference between the maximum and minimum quantities of a product that a company can produce or sell over a certain period.