If a Universal Computer Monitor Breaks While It Is Still

question 237

Multiple Choice

If a Universal computer monitor breaks while it is still under warranty, someone needs to get it to the repair center. In this case, Universal will need:

• A) reverse channels.
• B) multichannels.
• C) intensive distribution.
• D) exclusive distribution.
• E) selective distribution.

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Definitions:

Tax

A mandatory monetary contribution or different kinds of charges laid on a taxpayer by government institutions to support government expenses and diverse public costs.

Buyers Pay

The amount of money that purchasers spend to acquire goods or services.

Price

The quantity of money considered, needed, or paid in exchange for something.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, measuring the benefit to consumers.