Most Convenience Goods Require A(n)_____ Form of Distribution

question 71

Multiple Choice

Most convenience goods require a(n) _____ form of distribution.

• A)focused
• B)intensive
• C)exclusive
• D)selective

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Definitions:

Acres

A unit of land area used primarily in the US, equal to 43,560 square feet, or about 4,047 square meters.

Incentive Function

Describes how various economic incentives influence behaviors and decisions of individuals or organizations.

Resource Supply Schedules

Tables or charts that show the quantity of a resource that suppliers are willing to offer at various price levels.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, such as labor or capital.