In a simple economy, one family may produce only cooking pots, but many of them. Others may specialize in farming, making clothing, and building shelters. This
A) shows why "discrepancies of assortment" occur.
B) is so simple that the universal functions of marketing don't have to be done.
C) cannot work without an intermediary.
D) is an example of "separation in values" since the different families choose to produce different things.
Correct Answer:
Verified
Q202: Of the following headlines from a business
Q203: "Economies of scale" means that:
A) as a
Q204: When consumers do not know where to
Q205: Discrepancies of assortment happen when
A) producers prefer
Q206: Of the following headlines from the WALL
Q208: The fact that US car companies are
Q209: The following headlines are from Business Week
Q210: When an individual producer sets a price
Q211: Macro-marketing
A) emphasizes building a long-term relationship that
Q212: In advanced economies:
A) both supply and demand
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