-Use the Above Table

question 62

Multiple Choice

-Use the above table. What percentage of income is received by the poorest 20% of the population?

• A) 20 percent
• B) 13.3 percent
• C) 11.1 percent
• D) 7.0 percent

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Definitions:

Trade Sales Promotion

A promotion that encourages resellers to purchase and aggressively sell a manufacturer’s products by offering incentives like sales contests, displays, special purchase prices, and free merchandise.

Free Merchandise

Products or goods given away at no cost to promote a brand, product, or service.

Premiums

Extra payments required for insurance coverage or additional costs added to the usual price of services or goods, often in exchange for higher quality or added benefits.

Fast Moving Products

Products that are sold quickly and in large volumes, often requiring frequent restocking.