For greater accessibility, Bowen Tools places its products at every popular superstore. The convenience provided by the company is an example of reducing ________ costs.
A) nonmonetary
B) tangible
C) variable
D) fixed
E) overhead

Question

Quizplus · Accepted Answer

In this scenario, Bowen Tools is increasing product availability, thereby making it more convenient for buyers to purchase its products. This reduces the customers' time and effort, which are nonmonetary costs.

For Greater Accessibility, Bowen Tools Places Its Products at Every