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Pearse judges the following reasoning-"If cats are bigger than horses and horses are bigger than mice, then cats are bigger than mice"-to be faulty because the first relationship does not hold in real life. It is likely that Pearse is in which stage of development?
Electronic Exchange
A digital marketplace where buyers and sellers trade goods, services, or securities via electronic systems.
Specialty Electronics Stores
Retail outlets focused on selling specific or high-end electronic goods and gadgets to a niche market.
Indirect Marketing Channel
A pathway for selling products or services that involves intermediaries or middlemen between the producer and the consumer.
Mass Market
The mass market refers to a large, undifferentiated market of consumers with widely varied backgrounds who might be interested in purchasing similar products.
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