Multiple Choice
In advanced economies:
A) both supply and demand tend to be homogeneous.
B) producers and consumers are often separated in several ways.
C) most firms specialize in producing and selling small amounts of a huge assortment of goods and services.
D) exchange is aided by discrepancies of quantity and assortment.
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Which of the following statements best describes
Q31: Marketing<br>A) means "selling" or "advertising."<br>B) provides direction
Q32: In a firm with a production orientation<br>A)
Q33: Which item would likely possess the highest
Q34: Which of the following is LEAST likely
Q36: Managers who think of customers existing to
Q37: When an individual producer sets a price
Q38: All of the following are the basic
Q39: Marketing can provide needed direction for production
Q40: The marketing concept means that an organization