Refer to the Information Provided in Figure 12

question 40

Multiple Choice

Refer to the information provided in Figure 12.6 below to answer the questions that follow.
Figure 12.6
-Refer to Figure 12.6.Suppose the equilibrium output is initially $600 billion.A decrease in the Z factors ________ equilibrium output and ________ the price level.

• A)decreases; leaves unchanged
• B)leaves unchanged; increases
• C)increases; increases
• D)increases; decreases

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Definitions:

Exclusive Distribution

A distribution strategy where a product is available for sale through only one or a few selected retailers or channels.

Supply Chains

refer to the interconnected network of organizations, people, activities, information, and resources involved in supplying a product or service from supplier to customer.

Large Retailers

Retail businesses that operate on a large scale, typically having extensive networks of stores and considerable market presence.

Channel Functions

The activities and processes used to move goods from producers to consumers, including transportation, storage, and distribution.