Examlex
Reduce the following fraction to its lowest terms.
54/81 = _____
Products and Services
The items and assistance a business offers to meet the needs and desires of consumers.
Voluntary Marketing Exchange
Transactions where both the buyer and seller willingly engage in the trade of goods or services, each expecting to benefit from the exchange.
Product
Any item or service offered by a firm that meets a need or desire of consumers.
Private-Label Brands
Brands developed and marketed by a retailer and available only from that retailer; also called store brands.
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