Which of the Following Are Characteristics of a Wholesale Channel

question 72

Multiple Choice

Which of the following are characteristics of a wholesale channel?

• A)It does not include sales taxes in calculating prices
• B)It distributes directly to consumers
• C)It requires a minimum volume of purchase
• D)It offers volume discounts
• E)It may designate a specific plant or plants from which deliveries are made

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Definitions:

Dementia

A decline in cognitive function beyond what might be expected from normal aging, affecting memory, thinking, orientation, comprehension, calculation, learning capacity, language, and judgment.

Dummy Variable

A variable used to model the effect of categorical independent variables. A dummy variable may take only the value zero or one.

Categorical Independent Variables

Variables that divide subjects into groups but do not allow for any kind of mathematical operation among groups.

Regression Model

The equation that describes how y is related to x and an error term; in simple linear regression, the regression model is y = b0 + b1x + e.